< > Discussion: Tuskegee St... webassign.net Grades for Winifer Felix-... M Question Mode: Multiple... mobile phone Flashcards... QMobile Devices Flashcar... G Which of the following is... Ch. 10 Quiz: Simple Inter... NEE Help? Read It 3. [-/1 Points] DETAILS BRECMBC9 10.1.038. Determine the maturity date of the loan. Loan Date Time of Loan (days) Maturity Date July 23 Need Help? Read It 4. [-/1 Points] DETAILS 210 ---Select--- BRECMBC9 10.1.046. MY NOTES ASK YOUR TEACHER MY NOTES ASK YOUR TEACHER At the City National Credit Union, a 9%, $7,000 loan for 190 days had interest charges of $327.95. What type of interest did City National use, ordinary or exact? exact ordinary Need Help? Read It 5. [-/1 Points] DETAILS BRECMBC9 10.1.048. MY NOTES ASK YOUR TEACHER You are the accounting manager for Kool Ragz, Inc., a manufacturer of men's and women's clothing. The company needs to borrow $1,900,000 for 90 days in order to purchase a large quantity of material at "closeout" prices. The interest rate for such loans at your bank, Rimrock Bank, is 14% using ordinary interest. (a) What is the amount (in $) of interest on this loan? $