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Interest = $884 for 4 years; 8.5% annual interest rate (principle=?)

Interest = $884 for 4 years; 8.5% annual interest rate (principle=?)
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21 votes
Interest = $884 for 4 years; 8.5% annual interest rate (principle=?)

User Lakerfield
by
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1 Answer

7 votes

Answer:

$2,600

Explanation:

use the I = Prt simple interest formula

Interest = $884 for 4 years; 8.5% annual interest rate (principle=?)-example-1
User Snowmonkey
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