Question: Drill Problem 10-7 (Algo) (LU 10-1 (2)] Complete the following using exact interest. (Use Days in a year table.) (Do not round Intermediate calculations. Round

 Drill Problem 10-7 (Algo) (LU 10-1 (2)] Complete the following using

Drill Problem 10-7 (Algo) (LU 10-1 (2)] 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.) Exact time Principal $ 1,700 Interest Interest rate 6% Dato borrowed May 7 Date repald Aug. 10 Maturity value

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