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PLease show the steps you took to get to the answers for me

Assignment Help Finance PLease show the steps you took to get to the answers for me

PLease show the steps you took to get to the answers for me

PLease show the steps you took to get to the answers for me to choose you as best answer. Thank you. … Show more PLease show the steps you took to get to the answers for me to choose you as best answer. Thank you. 1.)Find the amount of simple interest I would pay on a loan of \$6,953.22 for 673 days at 6 5/8% simple interest. 2.)John has borrowed \$13,750 for 150 days at 10.2% simple interest. Interest will be calculated using bankers rule. Find the total amount he will need to repay the loan 3.)Tessa borrowed \$19,540. 7 months later she paid off the loan, paying a total of \$20,635. What simple interest rate did she pay? 4.)Suppose that on July 13, 2011 I deposited \$5,000 in a CD which matured on September 8, 2013. The simple interest rate was 4.25%. What was my account value at maturity? 5.)On February 17, 2012, Alison borrowed \$5,200 from Canandaigua International Bank at 10.99% simple interest. (NOTE: 2012 was a leap year) At maturity, she will repay a total of \$5,482.86. a) Find the term of the note (in days). (10 points) b) On what date will the note mature? • Show less

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