1. How many days (rounded to the nearest day) will it take for...

Question

# 1. How many days (rounded to the nearest day) will it take for...

1. How many days (rounded to the nearest day) will it take for \$1,950 to accumulate to \$2,125 at 6.5% annual simple interest?

2. How many years will it take for an investment of \$1,000 to grow to \$1,500 if the annual simple interest rate is 1.2%?

3. Ryan had to make payments of \$2,000 in 6 months and \$3,000 in 18 months, respectively, to a raw material supplier. What single payment 12 months from today would settle both of these payments? Assume a simple interest rate of 6% per year.

Hello, I need to know the answers to the above questions ASAP, please. Thank you..

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