Question

HELP QUICK!!!!!

Find the interest for each loan.

$252 at 8% for 2 years:
$400 at 2% for 6 months:
$5,000 at 3.5% for 1 year:
$6,240 at 10% for 9 months:

Answer 1

252 at 8% for 2 years: $40.32

400 at 2% for 6 months: $4

5000 at 3.5% for 1 year: $175

6240 at 10% for 9 months: $468

Explanation:

252 at 8% for 2 years: 20.16 * 2 years which is $40.32

400 at 2% for 6 months: 8*1/2 = $4

5000 at 3.5% for 1 year: $175

6240 at 10% for 9 months: 624*3/4 = $468