Question: Complete the following, using exact interest. (Use days in a year table). (Do not round intermediate calculations. Round the interest and maturity value to the
Complete the following, using exact interest. (Use days in a year table). (Do not round intermediate calculations. Round the "interest" and "maturity value" to the nearest cent.)
| PRINCIPAL | INTEREST RATE | DATE BORROWED | DATE REPAID | EXACT TIME | INTEREST | MATURITY VALUE |
| $1000 | 8% | MAY 8 | AUG 9 | 93 |
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