1. Compute the rate for the following loan. Round answers to the nearest tenth of a percent; use ordinary interest when time is stated in days. Do not round intermediate calculations. Do not enter the percent symbol in your answer. Principal Rate % Time 47,000 ( % ) 180 days Interest $670 2. Calculate the missing information for the following loan. Round days to the next higher day when necessary. Do not enter units in your answer. Do not round intermediate calculations. Principal ($ ) Rate (%) = 9.6 Time (days) ( ) Interest Method= ordinary Interest= $4,300 Maturity Value= $60,300