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:

Hyperventilation

Rapid or deep breathing that can lead to decreased levels of carbon dioxide in the blood, possibly causing lightheadedness or tingling in the limbs.

Becomes Rapid

Accelerates in speed or activity.

Blood pH

The measure of the acidity or alkalinity of blood, crucial for maintaining essential physiological processes, typically kept within a very narrow range.

Hydrogen Ion Concentration

A measure of the acidity or alkalinity of a solution, determined by the concentration of hydrogen ions present; it influences the pH level of the solution.