Calculate the simple interest and maturity value. (Do not round Intermediate calculations. Round your answers to the nearest cent.) Time Principal 18,000 Simple interest Maturity value Interest rate 7 1/2 % $ 20 mo Complete the following using exact Interest. (Use Days In a year table.) (Do not round Intermediate calculations. Round the "Interest" and "Maturity value to the nearest cent.) Exact time Interest Maturity value Principal Interest rate S 1,200 12% Date borrowed July 7 Date repaid Jan 10 TABLE 7-1 Exact days-in-a-year calendar (excluding leap year) Day of month 31 Jan. 28 Feb. 31 Mar. 30 Apr. 31 May 30 June 31 July 31 Aug. 30 Sept. 31 Oct. 30 Nov. 31 Dec. 1 1 32 60 91 121 152 182 213 244 274 335 2 2 33 61 92 122 153 183 214 245 275 336 3 3 34 62 93 123 154 184 215 246 276 337 4 4 35 63 94 124 155 185 216 247 277 305 306 307 308 309 310 311 338 5 5 36 64 95 125 186 217 248 278 339 5 6 156 157 6 37 65 96 126 187 218 249 340 279 280 7 7 38 66 97 127 158 188 219 250 341 8 8 39 67 98 128 159 189 220 251 281 312 342 9 9 40 68 99 129 160 190 221 252 282 313 343 10 10 41 69 100 161 191 222 253 283 344 130 131 314 315 11 11 42 70 101 162 192 223 254 284 345 12 12 43 71 102 132 163 193 224 255 285 316 346 13 13 44 72 103 133 164 194 225 256 286 317 347 14 14 45 73 104 134 165 195 226 257 287 318 348 15 15 46 74 105 135 166 196 227 258 288 319 349 16 16 47 75 106 167 197 259 289 320 136 137 228 229 350 351 17 17 48 76 107 168 198 260 290 321 18 18 49 77 108 138 169 199 230 261 291 322 352 19 19 50 78 109 139 170 200 231 262 292 323 353 20 20 51 79 110 140 171 201 232 263 293 324 354 21 21 52 80 111 141 172 202 233 264 294 325 355 22 22 53 81 112 142 173 203 234 265 295 326 356 23 23 54 82 113 143 174 204 235 266 296 327 357 24 24 55 83 114 144 175 205 236 267 297 328 358 25 25 56 84 115 145 176 206 237 268 298 329 359 26 26 85 116 177 207 238 269 299 330 57 58 146 147 360 361 27 27 86 117 178 208 239 270 300 331 28 28 59 87 118 148 179 240 271 301 332 362 209 210 29 29 88 119 180 221 272 302 333 363 149 150 30 30 89 120 181 211 242 273 303 334 364 31 31 90 151 212 243 304 365 "Often referred to as a Julian calendar