Determine the Interest on the Following Notes

question 43

Essay

Determine the interest on the following notes:
(a) $5,000 at 6% for 90 days.
(b) $800 at 9% for 5 months.
(c) $6,000 at 8% for 60 days
(d) $1,600 at 7% for 6 months

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Definitions:

Controller Scope Tags

In industrial programming, these are identifiers used within the controller's programming environment to define and manage variables or tags that are specific to a particular scope or context.

Routine

A set of programmed instructions designed to perform a specific task or function within a larger system.

Program

A set of instructions written in a programming language that a computer can execute or interpret to perform a specific task or operation.

I/O Modules

Input/Output Modules are components used in PLCs and other control systems to interface the controller with external devices, allowing for data exchange between the system and the physical environment.