The Chicago Sun-Times announced that Dean Foods will buy Purity Diaries, which is based in Nashville, Tennessee. Dean Foods has an option of selling $5,000,000 in corporate bonds with a 5 % interest rate payable over the next 10 years. What is the total interest Dean Foods will pay over 10 years and what will be the maturity value?

Michelle Sanchez borrowed $25,000 to pay for her child's education at Hofstra University. Michelle must repay the loan at the end of 11 months in one payment with 9 % interest. How much interest must Michelle pay? What is the maturity value?