Can't figure out the best answer to this math equation

Cobrexus asked Jun 1, 2023

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Cobrexus asked Jun 1, 2023

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27 votes

Maturity value and simple interest are related as follows

Where M = 4500 and I = 350

$\begin{gathered} 4500=P+350 \\ P=4500-350 \\ P=4150 \end{gathered}$

UpLate answered Jun 7, 2023

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