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webassign.net Ch. 10 Quiz: Simple Interest Promissory Notes Principal Rate (%) |Time (days) Exact Interest Ordinary Interest Baby Boy Clothes | Carter's $10,000,000 10 $ 2739.73 $ 2777.78 SUBMIT ANSWER 3. [0 / 1 Points] DE Find the amount (in $) of interest and the maturity value of the loans. Use the formula MV = P + I to find the maturity value. (Round your answers to two decir Principal Rate (%) Time Interest Maturity Value $185,000 14 1 2 5 months $ 11,185.42 X $ 196, 185.42 X SUBMIT ANSWER DETA 4. [1 / 1 Points] Use MV = P(1 + RT) to find the maturity value (in $) of the loan. Time Maturity Value Principal Rate (%) 13.35 7 months $ 937,751.25 $870,000 SUBMIT ANSWER DETAIL