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Find the amount (in $) of interest on the loan. Principal Rate (%) Time Interest $90,000 mt 6 months $ Find the amount (in $) of interest on the loan. Principal Rate (%) Time Interest $70,000 7 55 years % Use the exact interest method (365 days) and the ordinary interest method (360 days) to compare the amount (in $) of interest for the loan. (Round your answers to two decimal places.) Principal Rate (%) Time (days) Exact Interest Ordinary Interest $186,500 9.75 57 Find the amount (in $) of interest and the maturity value of the loans. Use the formula MV = P + I to find the maturity value. (Round your answers to two decimal places.) Principal Rate (%) Time Interest Maturity Value $185,000 5 months Find the amount (in $) of interest and the maturity value of the loans. Use the formula MV = P + I to find the maturity value. Principal Rate (%) Time Interest Maturity Value $97,000 $97,000 22 years - years Compute the principal (in $) for the loan. Use ordinary interest when time is stated in days. Principal Rate (%) Time Interest 8 11 years years $720 $720 Compute the rate (in %) for the loan. Round answers to the nearest tenth of a percent; use ordinary interest when time is stated in days. Principal Rate (%) Time Interest $8,000 % 4 years $2,880 Compute the rate (in %) for the loan. Round answers to the nearest tenth of a percent; use ordinary interest when time is stated in days. Principal | Rate (%) Time Interest $24,000 % 60 days $376 Use the ordinary interest method to compute the time (in days) for the loan. Round your answer up to the next highest day when necessary. Principal Rate (%) Time Interest $7,800 10.4 days $223 Use the ordinary interest method to compute the time (in years) for the loan. Round your answer up to the next highest year when necessary. Principal Rate (%)| Time Interest $25,000 - 8.3 I years $6,225 Calculate the missing information for the loan. Round percents to the nearest tenth and days to the next higher day when necessary. Rate Principal (%) Time (days) Interest Method Interest Maturity Value (in $) $3,500 % 167 Exact $220 Calculate the missing information for the loan. Round percents to the nearest tenth and days to the next higher day when necessary. Principal (in $) Rate (%) Time (days) Interest Method Interest Maturity Value 10.1 days Exact $2,000 $77,000

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