Interest = $821.25, time = 1 year, rate = 12.42%. Find the principal

Koichi Nakashima asked Dec 16, 2023

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Koichi Nakashima asked Dec 16, 2023

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23 votes

Explanation:

P = l.100/t.r = $821.25×100/12.42×1 = $6612.318

hope this helps you.

Auntie answered Dec 22, 2023

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