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Find the Amount of Interest and the Maturity Value of the Loan

Question 148

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Find the amount of interest and the maturity value of the loan:  Principal  Rate  Time  Interest  Maturity Value $28,00011.9%212yrs\begin{array} { l l l l l } \text { Principal } & \text { Rate } & \text { Time } & \text { Interest } & \text { Maturity Value } \\\$ 28,000 & 11.9 \% &2 \frac{1}{2} \mathrm{yrs} & &\end{array}

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$8,330.00;...

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