1. find the interest paid on a loan of \$2800 for two years at a simple interest rate of 11% per year.

2. Find the maturity value of a loan of \$2400.00 after three years. The loan carries a simple interest rate of 7.7% per year.

3. Convert to years, expressed in decimal form to the nearest hundredth. Nine months.

4. A man needed money to buy lawn equipment. He borrowed \$800.00 for five months and paid \$53.95 in interest. What was the rate of interest?

5. Find the exact interest on a loan of \$32,600 at 7% annually for 20 days.

6. A loan made on March 13 is due September 10 of the following year. Find the exact time for the loan in a non-leap year and a leap year.
7. A loan is made on March 20 for 181 days. Find the due date.

8. A loan for \$2000 with a simple annual interest rate of 15% was made on June 18 and was due on August 18. Find the exact interest.

9. Find the adjusted balance due at maturity for a 90 day note of \$18,000 at 13.8% ordinary interest is a partial payment of \$4000 is made on the 60th day of the loan.

10. Raul Fletes borrowed \$7000 on a 210 day note that required ordinary interest at 13.41%. Raul paid \$3500 on the note on the 140th day. How much interest did he save by making the partial payment?

11. A man makes a simple discount note with a face value of \$2700, a term of 140 days, and a 18% discount rate. Find the discount.(use banker’s rule)

12. A man has a simple discount note for \$6100, at an ordinary bank discount rate of 8.53%, for 50 days. What is the effective interest rate? Round to the nearest 10th of a percent. Use banker’s rule.

13. A man holds a note of \$5000 that has an interest rate of 14% annually. The note was made on March 19 and is due November 12. He sells the note to a bank on June 12 at a discount rate of 13% annually. Find the proceeds on the third-party discount note. (Use the bankers rule)

14. A loan of \$4000 at 4% is compounded semiannually for four years. Find the future value and compound interest. Use the \$1.00 future value table or the future value and compound interest formula.

15. A loan of \$1000 and 30% is compounded monthly for one year. Find the future value and compound interest. Use a \$1.00 future value table or the future value and compound interest formula.

The future value of the loan is \$1344.89
the compound interest is \$344.89

16. Tom Bond borrowed \$6200 at 6 ½% for three years compounded annually. What is the compound amount of the loan and how much interest will he pay on the loan?

The compound amount is \$7489.29
the compound interest is \$1289.29

17. A bank loaned John Smith \$4000 for seven years compounded annually at 8%. How much interest was John required to pay on the loan? Use the \$1.00 future value table or the future value and compound interest formula.

John was required to pay \$2855.30 of interest

18. Find the future value of an investment of \$12,000 if it is invested for four years and compounded semiannually at an annual rate of 2%. Use the \$1.00 future value table or the future value and compound interest formula.

19. Find the effective interest rate for a loan for four years compounded semiannually at an annual rate of 2%.

20. Find the compound interest on a \$2000 investment at .5% compounded daily for 17 days. The compound of interest of \$100 compounded daily is 0.023290.

21. Find the amount that should be set aside today to yield the desired future amount. Future amount needed, \$5000, interest rate, 8%, compounding., Semiannually, investment time, two years. On the chart the present value of \$1 at 12% is 0.79719.
22. Compute the amount of money to be set aside today to ensure a future value of \$2700 in one year if the interest rate is 1.5% annually, compounded annually.

23. Ronnie Cox has just inherited \$27,000. How much of this money should be set aside today to have \$22,000 to pay cash for a Ventura Van, which he plans to purchase in one year? He can invest at 1.7% annually, compounded annually.

24. Dewey Sykes plans to open a business and eight years when he retires. How much must he invest today to have \$5000 when he retires if the bank pays 3% annually, compounded semiannually?

9. Find the adjusted balance due at maturity for a 90 day note of \$15,000 at 13.1% ordinary interest is a partial payment of \$4000 is made on the 60th day of the loan. 30th is Feb 1st 60th day is Mar. 1st Apr. 1st is 90th

13. A man holds a note of \$5000 that has an interest rate of 14% annually. The note was made on March 19 and is due November 12. He sells the note to a bank on June 12 at a discount rate of 13% annually. Find the proceeds on the third-party discount note. (Use the bankers rule)
14. A loan of \$6000 at 7% is compounded semiannually for two years. Find the future value and compound interest. Use the \$1.00 future value table or the future value and compound interest formula. Future Value or Compound Amount of \$1 at 7% is 1.1449

16. Tom Bond borrowed \$6200 at 6 ½% for three years compounded annually. What is the compound amount of the loan and how much interest will he pay on the loan?

17. A bank loaned John Smith \$4000 for four years compounded annually at 7%. How much interest was John required to pay on the loan? Use the \$1.00 future value table or the future value and compound interest formula. Future value or compound amount of \$1 at 7% is 1.31080

18. Find the future value of an investment of \$10,000 if it is invested for four years and compounded semiannually at an annual rate of 4%. Use the \$1.00 future value table or the future value and compound interest formula. Future value or compound amount of \$1 at 4% is 1.16986

19. Find the effective interest rate for a loan for three years compounded semiannually at an annual rate of 2%. Future value or compound amount of \$1 at 2% is 1.06121.

# APA Format

Identify a global organization with a multinational presence.
Identify and research a cultural issue that affects this organization’s interactions outside the United States.
Define the issue and provide an overview of how became an issue in the organization.
Prepare an analysis of the ethical and social responsibility issues your organization must deal with as a result of being global.
Write a 1,050- to 1,400-word paper summarizing the results of the analysis. Include the following:
Identify ethical perspectives in the global organization.
Compare these perspectives across cultures involved in the organization.
Describe a viable solution for this issue that could be acceptable by all stakeholders.
Format your paper consistent with APA guidelines.

# Evaluation

Complete a written evaluation of the following interview document. In your evaluation, explain each point of motivational interviewing, why it was used, and whether or not it was successful. Your evaluation should also include what was done well in this interview and why, and what would you have done differently and why. In addition, identify the prominent theory (from the ones discussed in this unit) along with where and how it was identified in this interview.

Customer:

Case Study Interview: Unit V

Agent: So, one of your supervision conditions is to attend anger management classes.

Offender: Yeah, well, my wife should be in jail for provoking me into things.

A: It seems to you like she shares some of the blame.

O: And the stupid judge blew up at me for no reason. It made me so mad, when he doesn’t know what really happened.

A: I’m glad you were able to control your temper with the judge. It shows that you are really trying.

O: If I had done what I felt like doing, he would have thrown me in jail.

A: So, it sounds like you have the ability to control your behavior even when you are provoked.

O: Oh, I can control it when I have to. Or want to.

A: And with your wife, you . . . ?

O: To be honest with you, she just makes me so mad. Why should I be the one who always has to remain calm?

A: Still, with your wife’s behavior, part of you wishes you had acted differently.

O: (Pause) I guess that’s true. Like, right now, I am still so mad at her because she got me into all of this, but I guess it wasn’t the best decision to slap her.

A: It’s like part of you is still angry with her but the other part feels bad for hitting her.

O: I guess so.

A: There’s a part of you that wishes you could handle her behavior without losing control of your own.

O: (Thinking) That’s right. It sounds like I don’t love her, but I do. She already told the attorney that she was sorry she called the cops on me. I could tell she was sorry in court and that’s why I just pled guilty. If she testified, she probably would have lied for me and I didn’t want that. The reason I was so mad when I came in here is because the D.A. was making me out to be some kind of monster and the judge went out of his way to humiliate me in front of all of those people.

A: The whole process has been bad for you. It’s embarrassing to be on supervision. And now you are thinking that in spite of her behavior last night, that your love for your wife is stronger than your anger toward her.

O: Yeah.

A: There’s a lot of regret there.

O: Yeah.

Customer:

A: What else has it cost you?

O: (Pause) my kids. We told them to go upstairs, but they know what’s going on my parents fought like this, and it’s the scariest thing you can imagine.

A: And you don’t want your kids to have to go through what you went through.

O: (Thinking) And it’s self-respect. It’s not just my wife, but the people I know, my friends and coworkers—I would die if they knew what happened.

A: So, let me see if I’ve got this right: You and your wife were having a verbal altercation where you got so angry, you hit her. She called the cops. Even though you are still a little angry with her, part of you knows that your behavior was wrong. And now, you wish you had a way of behaving better in this situation. So, where does that leave you?

O: Well, I wish we both knew a better way of handling things.

A: Let me ask you this. How important is it to you to have a better way—let’s say on a scale of 1 to 10, with 1 being not important and 10 being very important—how important is it to you that you handle future conflicts with your wife better?

O: Definitely, a 10

A: It’s at the very top. Why a 10 and not a lower number?

O: Well, I want us to be happy and to be there for each other. I hate all of this.

A: So, changing this behavior couldn’t be more important.

O: That’s right.

A: On the same scale, how confident are you that you could change your behavior if you wanted to?

O: Right now, I want to say a 10, but I don’t really know. Maybe about a 5.

A: You’re pretty confident.

O: Yeah, there’s a couple of things I can do.

A: What would it take to get that number up a little, say to a 6 or 7?

O: (Thinking) I don’t know. I’m just not sure just these anger management classes will help. I think we both should get some counseling or something. I know we are going to forgive each other when I get home, but, tomorrow, all of the same problems—the bills, the kids, time for ourselves—it’s all still going to be there.

A: So, maybe getting some help for the both of you would bring that to a 6 or 7.

O: We can’t afford it. Our financial situation is one of the biggest stresses.

A: So, if there were a place that took into consideration your financial situation, you would be more willing to go there.

O: Oh, I would definitely go. I think my wife would too, since she has brought it up before.

Customer:

A: So, what would you like to do about that?