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# Questions 6-8 are in the text. Drill Problems 6) Chapter 10, Problem #1, page 269 Calculate The simple interst and maturity value for the following...

What else do you need to solve these question?6) Chapter 10, Problem #1, page 269Calculate The simple interst and maturity value for the following Problems. Round to nearest cent as neededPrinciple Interest rate Time Simple interest Maturity value$16,000 4% 18 mo.7) Chapter 10, Problem #3, page 269 Principle Interest rate Time Simple interest Maturity value$18,000 7 ¼% 9 mo,8) Chapter 10, Problem #14, page 270The Kansas City Star on March 11, 2007 featured a story on emergency savings in the U,S. Money in a checking account will not generate much interest. So Peggy Cooper decides to place her $1,300 in a savings account with a 5 1/8 percent return. After 7 months, Peggy needs to withdraw her savings. (a). What is the amount of interest she earned? (b). How much will Peggy receive from the bank? Round to the nearest cent.