Question: Complete the following, using ordinary interest. (Do not round intermediate calculations. Round theInterest and Maturity value tothe nearest cent.) Principal :$1440 Interest Rate: 5% Date

Complete the following, using ordinary interest.(Do not round intermediate calculations.Round the"Interest" and "Maturity value" tothe nearest cent.)

Principal :$1440

Interest Rate: 5%

Date Borrowed: May 19

Date Repaid: Jan 17

What is the interest? $____

What is the maturity value? $______

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