Questions Chapter 10 Section Review Exercise Check My Work Use the best interest method (365 days) and the ordinary interest method (160 days to compare the amous Principal Rate Time (das) Exact interest Ordinary interes CheckM Find the amount of interest and the maturity value of the following loan. Use the formula MV P + to find the maturity value. Round your answers to the nearest cent Rate( ) Time Interest Maturity Value Principal $120,000 10 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 enter the percent symbol in your answer Not Answered 7 Chapter 10 Section Il Review Exercise 208 Time Interest 4 years $1,350 $5,300 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. 0 7. Do not enter the percent symbol in your answer. 0 8. 0 Principal Rate (6) Interest $56,000 180 days $792