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1 Find both the exact and ordinary interest on $38,600 at 102% for 133 days. Then find the amount by which the ordinary interest is

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1 Find both the exact and ordinary interest on $38,600 at 102% for 133 days. Then find the amount by which the ordinary interest is larger. Find the due date and the maturity value for the following. Use the table for the number of each of the days of the year. 2 Date Made Face Value Term of Loan Rate August 10 $6000 315 days 1 75% A store owner borrowed $32,000 at 11% from a bank to buy more inventory. Given that the loan is for 15 months, find the interest and the maturity value. 3 4 A store owner borrowed $32,000 at 11% from a bank to buy more inventory. Given that the loan is for 15 months, find the interest and the maturity value. 5 A homeowner borrowed $6770 for landscaping. He signed a 90-day note on May 16 at 72% interest. Find the due date and the maturity value. The due date (month/day) is O. 6 A homeowner borrowed $6770 for landscaping. He signed a 90-day note on May 16 at 7% interest. Find the due date and the maturity value. The due date (month/day) is NO. 7 A homeowner borrowed $6770 for landscaping. He signed a 90-day note on May 16 at 77% interest. Find the due date and the maturity value. The due date (month/day) is 8 1 Find both the exact and ordinary interest on $30,600 at 92% for 180 days. Then find the amount by which the ordinary interest is larger

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