\( \$ 17,000 \) is invested for 7 years at an annual simple interest rate of \( 19 \% \). (a) How much interest will be earned? \( \$ \) (b) What is the future value of the investment at the end of the 7 years? \( \$ \) Need Help? Read It Watch It

se the appropriate compound interest formula to find the amount that will be in each account, given the stated conditions. \( \$ 26,000 \) invested at \( 3.95 \% \) annual interest lor 2 yeas ) daily ( \( \mathrm{n}=365 \) ); (b) continuously a) The amount that \( \$ 26,000 \) invested at \( 3.95 \% \) annual interest for 2 years compounded daily ( \( n=365 \) ) is \( \$ 28,164.34 \) Round to the nearest cent as needed.) (b) The amount that \( \$ 26,000 \) invested at \( 3.95 \% \) annual interest for 2 years compounded continuously is \( \$ 28,113.20 \) (Round to the nearest cent as needed.)

Use the appropriate compound interest formula to find the amount that will be in each account, given the stated conditions. \( \$ 27,500 \) invested at \( 3.85 \% \) annual interest for 4 years compounded (a) daily ( \( \mathrm{n}=365 \) ); (b) continuously (a) The amount that \( \$ 27,500 \) invested at \( 3.85 \% \) annual interest for 4 years compounded daily ( \( n=365 \) ) is \( \$ \square \) (Round to the nearest cent as needed.) (b) The amount that \( \$ 27,500 \) invested at \( 3.85 \% \) annual interest for 4 years compounded continuously is \( \$ \square \) (Round to the nearest cent as needed.)

To purchase \( \$ 14,300 \) worth of machinery for her business, Christine made a down payment of \( \$ 1500 \) and took out a business loan for the rest. After 2 years of paying monthly payments of \( \$ 567.31 \), she finally paid off the loan. \( \begin{array}{ll}\text { (a) } \begin{array}{l}\text { What was the total amount Christine ended up paying for the machinery } \\ \text { (including the down payment and monthly payments)? } \\ \$ \square\end{array} \\ \text { (b) How much interest did Christine pay on the loan? }\end{array} \)

When Justin drives between Austin to Houston, he drives an average speed of 65 miles per hour. It takes 2 hour and 30 minutes for Justin to make the trip. His car averages 30 miles per gallon of gas. If gas costs \( \$ 3.45 \) per gallon, what is Justin's cost for each mile driven?

10. Suatu pinjaman obiligasi \( 4 \% \) sebesar Rp 1.000 .000 terbagi dalam 1.000 obligasi masing - masing \( R \) 1.000 dilunasi dengan anuitasselama 5 tahun. Jumlah obligasi yang diangsur padaangsuran ketiga sebanyak \( \begin{array}{lllll}\text { A. } 184 & \text { B } 192 & \text { C. } 200 & \text { D. } 208 & \text { E. } 216\end{array} \)