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Find the principle if the rate is 8% interest is $200, and the time is 4 years
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Find the principle if the rate is 8% interest is $200, and the time is 4 years

User Nader Magdi Mahfouz
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2 Answers

4 votes
The answer is 625 I think
User Cloudcop
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6.3k points
3 votes
As I=PRT/100 200×100=Px8x4 so 20000/32=Principal so Principal =625
User Nils Weinander
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