Answers to Practice Problems 247 Chapter 4 4.1 4.2 4.3 $ 650 × 1 . 5 % × $ 25 , 000 × 5 % × 1 1 = $ 650 × 0 . 015 × = $ 0 . 81 12 12 1 1 = $ 25 , 000 × 0 . 05 × = $ 312 . 5 0 4 4 1 1 = $ 1 , 500 × 0 . 0225 × = $ 1 6 . 88 ; 2 2 $1,516.88 1 1 = $ 1 , 516 . 88 × 0 . 0225 × = $ 17 . 06 ; 2 2 $1533.94 1 1 = $ 6 , 000 × 0 . 035 × = $ 52 . 5 0; 4 4 $6,052.50 1 1 = $ 6 , 052 . 50 × 0 . 035 × = $ 52 . 96 ; 4 4 $6,105.46 1 1 = $ 6 , 105 . 46 × 0 . 035 × = $ 53 . 42 ; 4 4 $6,158.88 1 1 = $ 6 , 158 . 88 × 0 . 035 × = $ 53 . 89 ; 4 4 $6,212.77 $212.77 $ 1 , 500 × 2 . 25 % × $1,500 $16.88 $ 1 , 516 . 88 × 2 . 25 % × $1,516.88 4.4 $17.06 $ 6 , 000 × 3 . 5 % × $6,000 $52.50 $ 6 , 052 . 50 × 3 . 5 % × $6,052.50 $52.96 $ 6 , 105 . 46 × 3 . 5 % × $6,105.46 $53.42 $ 6 , 158 . 88 × 3 . 5 % × $6,158.88 $6,212.77 $53.89 $6,000