Solve the problem. Round money to the nearest cent, if necessary, rates to the nearest whole percent, and time to the nearest month. If $145.83 in interest is paid on a loan at 7% for 5 months, what is the principal? $4999.89 $4200 $7000 ($1000 Solve the problem. Round interest to the nearest percent and time to the nearest period. You buy a CD for $6000 that earns $112.09 in interest every 3 months. What is the annual yield on your investment? O 6% 2% 4% 7% uestion 32 2.5 pts Felipe Rivera's savings account has a balance of $595. After 5 years what will the amount of interest be at 8% compounded quarterly? O $280.14 $294.14 $289.14 $23.80 2.5 pts Solve the problem Jack borrowed $2270 at 8.3% to buy a used car. He paid the maturity value of $6322 Find the time of the loan in days. 7355 days 77-2 days Andrea Gilford's savings account has a balance of $4560. After 6 years, what will the amount of interest be at 4% compounded quarterly? O $1234.97 ($1229.97 0 $91.20 ($1220.97 Solve the problem. Round money to the nearest cent, if necessary, rates to the nearest whole percent, and time to the nearest month. You need to borrow $1200 to cover your school expenses for 11 months. After calling several places, you can choose between a money store charging 14% simple interest or your family who will charge you 11%. How much will you save by borrowing from your family? $396.00 $275.00 $132.00 $33.00