1.$42,000 at 6% for 5 years
2.$1,970 at 1% for 8 years
3.$140 at 6% for 2 years
4.$15,800 at 3% for 2 years
5.$95 at 1% for 2 years
6.$8,500 at 11% for 6 years
7.$1,770 at 5% for 2 years
8.$59,100 at 12% for 7 years
9.$32,000 at 9% for 6 years
10.$14,000 at 12% for 2 years
11.$11,000 at 15% for 2 years
12.!15,500 at 12% for 5 years
Do you think people here will do your homework, lazy ?
You should submit 1 question only,, and learn from that, and then sit home all day and slug it! Got it?
I will do the first and you copy exactly what I did for the rest of them:
1.$42,000 at 6% for 5 years
What does 6% mean? It means: 6 / 100 =0.06
42,000 x 0.06 =$2,520 - simple interest for 1 year.
$2,520 x 5 years =$12,600 - simple interest for 5 years
Principal + Interest =$42,000 + $12,600 =$54,600 - Balance of this investment after 5 years.
OK? You do the rest exactly as I did it. You could shorten it like this:
$42,000 + [$42,000 x 0.06 x 5 years] =$54,600 - Balance of this account.