1. How much is the exact interest earned if $4,500 is lent at 12% interest for 125 days?

2. What is the maturity value of $ 12,500 if it is invested at 15% simple interest for 250 days using ordinary interest?

3. What is the simple interest earned if $15,500 is invested at 10% simple interest for 250 days using (a) exact interest and (b) ordinary interest?

4. How long will it take $75,000 to earn an ordinary interest of $6,020.83 at 8.5%?

5. What type of simple interest should be applied on a loan of $68,900 if it amounted to $80,593.86

6. A certain amount of money was invested on July 17, 2022. It will mature on April 24, 2023.

(a) what is the approximate time?

(b) what is the actual time?

(c) How do the terms in a and b compare?

7. How much should be deducted in advance from a loan of $6,250 due after 2 years if it was obtained at a 12% discount rate?

8. How much are the proceeds if $8,500 is the future value due after 250 days at a 15% discount rate?

9. Mrs. Roswell received $59,043.75 as proceeds from a loan payable in 1 year and 3 mos at a 9.5% discount rate. What is the maturity value of the loan?

10. A university's alumni association offers a csh loan to the students for their tuition fees. For the midterm period, Ms. Mercado wishes to avail the loan from which $130.57 will be deducted in advance. The loan amount is $5,600. What discount rate would be applied if she promises to pay after 4 months?