Corporate Finance Assignment/ Professional Essay Writers

1. Calculate the simple interest. (6 marks)

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Principal Rate per Annum Time Simple Interest
$1356.78 8% 6 years
$685.43 9.25% 7 months
$1595.85 7.75% 185 days

2. Calculate the principal. (6 marks)

Simple Interest Rate per Annum Time Principal
$1275.00 8.5% 3 years
$585.90 9.25% 5 months
$210.75 8.75% 63 days

3. Calculate the interest rate per annum correct to 1 decimal place. (6 marks)

Principal Simple Interest Time Rate per Annum
$10,563.77 $7394.64 7 years
$6854.25 $433.53 11 months
$450.00 $7.22 66 days

Gibbs' reflective cycle in nursing

4. Calculate the simple interest, then amount due. (6 marks)

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Principal Rate per Annum Time Simple Interest Amount
$750.00 8% 5 years
$2765.95 10.5% 7 months

5. A debt of $450.00, principal, and interest is to be paid in 9 months. If the current rate of interest is 7.6% per annum, calculate the amount that would cancel debt today. (3 marks)

6. Mark Wales made an investment of $5500. At the end of the year, he sold his investment for $5987.60. What annual rate of interest, correct to 2 decimal places, did his investment earn? (3 marks)

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