Simple interest on a $15,000, 10%, 20-month note payable would total:

Simple interest on a $15,000, 10%, 20-month note payable would total:$0$1,500$2,500$3,000Question 3Interest compounded on a $10,000 principal amount yearly at 1.5% for six years is:$900$934.42$1,800$3,600 Question 4Mr. Jackson desires to have $5,324 on deposit three years from today. If he has $4,000 to deposit, what rate of interest, compounded annually, must be obtained to accumulate the desired $5,324 in three years? The future value of one at 3 periods, 8%, 9%, 10% and 12% are given next, respectively: 1.25971, 1.295029, 1.33100, 1.404928. The present value of one at 3 periods, 8%, 9%, 10% and 12% are given respectively, 79383, .77218, .75132, and .71178.8%9%10%12%