wburke0204 wburke0204

06-04-2022
Mathematics

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The length of the term is one year. Calculate the principal if the maturity value is $4,500 and the simple interest is $350.

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TheGeniusAnswerer TheGeniusAnswerer

06-04-2022

Answer:

Easy! The answer is $4,150

Step-by-step explanation:

The $350 is interest so we will take that away from the maturity value to get 4,150!

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