#### Question 5

Ann has arranged to borrow $10 000 at 9.5% p.a. simple interest for four years. The amount of interest Ann will pay each year is: $95 $950$3800

#### Question 6

 a b c Lauren invested $10 000 at 8% p.a. simple interest. She earned$3200 interest. The number of years she invested the money for was: 3 years 4 years 8 years Felix invested a certain amount of money at 7% p.a. simple interest for 10 years and earned interest of $3500. The principal, the amount he invested was:$5000 $7000$10 000 When $5000 was invested for six years, the simple interest earned was$1350. The rate p.a. was: 4.5% 9% 13.5%