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ste 06 oboard A G Calibri BIU RE Font -11-A A Y B V AE F lil CLR compute the principal Alignment D Question Lesson & Objective # Marks 01: Compute the amount of simple interest in questions la and 1b using the formula I-Prt. CLR 8 L9: Obj. 1 1a: Calculate the amount of interest that will be charged on $9000.00 borrowed for four months at 9.0%. Answer: Wrap Text Merge & Center 1b: Compute the amount of interest on $875.00 at 11.5% p.a. from May 29, 2017 to August 13, 2017, Total Y Fy General $%9 Number Input your final answer in the bordered cell

Clipboard 5 A D 1 2 24 25 26 27 20 29 30 31. 34 35 ARCAABUSES 29 40 43 44 45 BIU- Font 8 1UA- 二頭 C Alignment D 02: In Questions 2a, 2b, 2c compute the principal, 19 Obj 2 interest rate, or time using variations of the formula CLR 8 Prt a. Find the principal that will earn $39.27 in 225 days at 2.75% Merge & Center b. Georges borrowed $650 and is repay the balance plus interest $23.70 in 7 months. What was the rate of interest charged Interest of $20.95 is eamed at 3.15% on a deposit 0 $2660 in how many months E Toral 1 General $ % 9 Number G 19 Cell Conditional Format as Formatting Table Styles- Styles H J Insert Delete Format- Cels WEJ

Q3: What payment is required to pay off a loan of 51750.00 at 7.25% fourteen months later? Q4: What sum of money will accumulate to $3700.00 at 14.75% p.a. in 451 days? . CLR 8 CLR 8 L9 Obj.3 L9 Obj. 4

7 8 9 10 31 32 33 54 85 90 Q5: In questions 5a & 5b compute equivalent or dated values for specified focal dates CLR 8 19 Obj. 5 5a: A loan payment of $1700 was due 60 days ago, and another payment of $1200 is due 45 days from now. What singlé payment 90 days from now will pay off the two obligation if interest is to be 14% and the agreed focal date is 90 days from now? Total 5b: A loan of $3325.00 is to be repaid by three equal payments due in 102 days, 157 days and 189 days respectively, Determine the size of the equal payments at 12.15% pa, with a focal date of today. Marks 3.5 Input your final answer here

Q6: A note for $800 dated June 2, 2017, with interest at 8.25% pa, is issued for 13 days. Determine the following, showing your calculations. a. The legal due date? : b he amount of interest? The maturity value CLR 9 L10 Obj. 1 Marks Input your final answer here: Ankit Only enter the month and date he the folowing format. For example answer is July 12, 7/12 Justerver 7/12, excel will show 12-Jul

20 21 22 23 24 25 26 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 Q7 An investment dealer bought a 182-day Government of Canada treasury bill at the price required to yield an annual rate of return of 3.38% CLR 9 L10 Obj. 2 a) What was the price paid by the investment dealer if the T-bill has a face value b) Later the same day, the investment dealer sold this T-bill to a large corporation C) What was the investment dealer's profit on this transaction?