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QUESTION
Complete the following, using ordinary interest. (Do not round intermediate calculations. Round the"Interest" and "Maturity value" tothe nearest...
(Do not round intermediate calculations.Round the "Interest" and "Maturity value" to the nearest cent.)
Principal :$1440
Interest Rate: 5%
Date Borrowed: May 19
Date Repaid: Jan 17
What is the interest? $____
What is the maturity value? $______
