On May 12, Scott Rinse accepted an $15,500, 14%, 90-day note for a time extension of a bill for goods bought by Ron Prentice. On June 12, Scott discounted the note at Able Bank at 13%. (Use Days in a year table.) What proceeds does Scott receive? (Use 360 days a year. Do not round intermediate calculations. Round your final answer to the nearest cent.)

Tony Ring wants to attend Northeast College. He will need $75,000 4 years from today. Assume Tony's bank pays 12% interest compounded semiannually. What must Tony deposit today so he will have $75,000 in 4 years? (Use the Table 12.3 provided.) Note: Do not round intermediate calculations. Round your answer to the nearest dollar amount. X Answer is complete but not entirely correct. Amount to be deposited $ 47,056 X

Click here to view the factor table. https://education.wiley.com/content/Kieso_Intermediate_Accounting_17e/media/simulations/interest_rate_tables.pdf

Ron Prentice bought goods from Shelly Katz. On Sept. 14, Shelly gave Ron a time extension on his bill by accepting a $4,360, 6%, 150-day note. On Dec. 18, Shelly discounted the note at Roseville Bank at 7%. (Use Days in a year table.) What proceeds does Shelly Katz receive? Note: Use 360 days a year. Do not round intermediate calculations. Round your answer to the nearest cent.

Answer for C

Darcy holds a 200 day note from Brenda. This note was given by Brenda to Darcy since the former owes the latter $69,000. The simple interest note is dated Dec. 28 and carries an interest of 8%. The note is then sold by Darcy to a bank on March 17 at a discount rate of 12%. How much profit did the bank make? Group of answer choices $2,609,96 $2,966.69 $2,906.69 $2,609.69

A5

​Angela's bank gave her a 2​-year ​add-on interest loan for ​$6,120 to pay for new equipment for her antiques restoration business. The annual interest rate is 8.28​%. How much interest will she​ pay? What are her monthly​ payments?       Question content area bottom Part 1 She will pay ​$enter your response here in interest on the loan. ​(Round to the nearest​ cent.) Part 2 Her monthly payments are ​$enter your response here. ​(Round to the nearest​ cent.)

Nikul

A man borrows $60,000 to help pay for his college expenses.  He intends to pay off the loan with regular monthly payments over the next 20 years.  Find the monthly payment if he is being charged 4.7% interest per year, compounded monthly.   Give the answer to 2 decimal places, and do not use the $ sign in the answer box. The monthly payment is  Blank 1. Calculate the answer by read surrounding text. dollars.