MY NOTES ASK YOUR TEACHE Find the maturity value on a loan of $2,500 at 13.5% interest, for 84 months. Use the formula MV = P + T. O $1,418.75 O $2,362.50 0 $4,862.50 O $5,335.00 14. DETAILS BRECMBC9 10.11. TB.004. MY NOTES ASK YOUR TEACHER Jami's Home Repair borrows $5,000, at 15.75% Interest, for 330 days. Use the exact interest method to find the amount of interest that the bank will collect. (Round to the nearest cent.) $500.00 5540.00 5711.99 57,200.00 obsen MY NOTES ASK YOUR TEACHER Suppose that you took out a loan at 10% interest for 286 days. If the amount of interest was $940.27, use the exact interest method to find the amount of principal you borrowed. (Round to the nearest whole dollar.) O 59,403 $11,102 O $12,000 $14,000 16. DETAILS BRECMBC9 10.11. TB.014. MY NOTES ASK YOUR TEACHER interest is $109.70, using the exact interest method? (Round your answer to the nearest tenth percent.) What is the rate of interest on a loan of $2,000, for 286 days, if the amount 5.5% O 6.996 7.096 14.2% BRECMBC9 10.11.18.01 MY NOTES ASK YOUR TEACHER Use the ordinary interest method to find the rate of interest that Make Over Picture Photo pays on a loan of $8,000 for 275 days, if the amount of interest is $510.00. (Round your answer to the nearest tenth percent.) O 7.1% O 8.0% O 8.1% O 8.3% 18. MY NOTES ASK YOUR TEACHER DETAILS BRECMBC9 10.11. TB.023. Suppose you take out a loan for $6,000, at 12% ordinary interest. If the amount of interest is 5642, what is the time period? (Round any fraction to the next higher day.) 313 days 317 days 321 days 325 days