Question: Solve for the unknown variables based on the information provided for the following simple interest scenarios. (Round all quantities to two decimal places. NOTE

Solve for the unknown variables based on the information provided for the following simple interest scenarios. (Round all quantities to two decimal places. NOTE that this means decimal interest rates should be rounded to four places before converting back to a percentage!) Interest Amount Principal/Present Value Interest Rate $16,050.00 $1,190.04 0.6% per month 11% per year 6.75% per year Time 6 months Maturity/Future Value 5 months $61,950.00 months $23,414.04 $2,048.33 $41,730.00 % per year 211 days

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