Calculate the simple interest, present value and payment


Question1: Calculate the simple interest on a loan of $4,902 at 9.3 interests for eleven (11) months.

Question2: Calculate the present value of $17,650 in 4 years at 8 percent compounded quarterly.

Question3: Determine payment amount necessary to amortize a loan of $80,000 i n9 payments at 8% compounded annually.

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Finance Basics: Calculate the simple interest, present value and payment
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