Question: 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

Drill Problem 10-2 (Algo) [LU 10-1 (1)] Calculate the simple interest and

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. Principal Interest rate Time Simple interest $ 5,400 3% 12 month Maturity value

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