Find the maturity value on a loan of $2,500 at 13.5% interest, for 84 months. Use the formula MV = P+1. O $1,418.75 $2,362.50 0 $4,862.50 $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.) 0 $500,00 5540.00 $711.99 $7.200.00 MY NOTES ASK YOUR TEACHER Suppose that you took out a loare 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.) $9,403 O $11,102 $12,000 O $14,000 6. DETAILS BRECMBC9 10.11. TB.014. MY NOTES ASK YOUR TEACHER What is the rate of interest on a loan of s2,000, for 286 days, if the amount of interest is $109.70, using the exact interest method (Round your answer to the nearest tenth percent.) 5.5% 6.99 07.04 14.2 O Type here to search E! 733 PM A dd) O nam 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.) 7.1% 8.0% 8.1% O 8.3% DETAILS BRECMBC9 10.11. TB.023. MY NOTES ASK YOUR TEACHER Suppose you take out a loan for $6,009, at 12% ordinary interest. If the amount of interest is $642, what is the time period? (Round any fraction to the next higher day.) O 313 days 317 days 321 days 325 days