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

Question

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

Quizplus · Accepted Answer

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

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