Question 1 of 10 Zhang lent $2,100 at a simple interest rate of 3.50% p.a. to his friend on June 10, 2013. Calculate the

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Question 1 Of 10 Zhang Lent 2 100 At A Simple Interest Rate Of 3 50 P A To His Friend On June 10 2013 Calculate The 1 (49.7 KiB) Viewed 32 times

Question 1 of 10 Zhang lent $2,100 at a simple interest rate of 3.50% p.a. to his friend on June 10, 2013. Calculate the amount of interest Zhang's friend had to pay on April 04, 2014. Round to the nearest cent Question 2 of 10 Ian was supposed to pay Kyle $3,600 6 months ago and $1,720 in 5 months. If he wants to repay this amount with two payments of $2,800 today and the balance amount in 3 months, calculate the balance amount. Assume interest is 4.40% p.a. and the agreed focal date is 3 months from now. Round to the nearest cent. $0.00 Question 3 of 10 $0.00 What nominal interest rate compounded semi-annually is equivalent to 5.99% compounded quarterly? Round to two decimal places 0.00 %