If you want to earn 7% annual simple interest on an investment, how much should you pay for a note that will be worth $4,800 in 6 months? (Round your answer to two decimal places.) $

Q: You apply for a $3000 loan at 4.5% simple interest rate to be paid back in for 3 years. What is 4.5%…

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Q: what is the FV of the investment. Round  to nearest cent. $7,000 for 4 years at 4.75%  annual…

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Q: If you invest $7392 in an account that pays simple interest of 30% How much interest will you have…

A: To calculate the interest earned on an account with simple interest, you can use the…