Question: Drill Problem 1 0 - 2 ( Algo ) [ LU 1 0 - 1 ( 1 ) ] Calculate the simple interest and maturity

Drill Problem 10-2(Algo)[LU 10-1(1)]
Calculate the simple interest and maturity value.
Note: Do not round intermediate calculations. Round your answers to the nearest cent.
\table[[Principal,Interest rate,Time,Simple interest,Maturity value],[$,5,400,3%,12 month,,]]
Drill Problem 10-2(Algo)[LU 10-1(1)] Calculate the simple interest and maturity value.

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