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The formula below gives l, the interest earned by depositing p dollars in a bank account at annual interest rate r for one year.

l=pr

If a deposit earns $75 of interest, which equation gives the principal p as a function of the interest rate r ?
A. p=r/75

B. p=75-r

C. p=75/r

D. p=75r

1 Answer

3 votes
C. p=75/r
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User Scootklein
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