Jenna made an investment for 1 year that earned $7.50 simple interest. If the principal had been

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Jenna made an investment for 1 year that earned $7.50 simple interest. If the principal had been $25 more and the interest rate 1% less, the interest would have been the same. Find the principal and the interest rate.

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College Algebra Graphs and Models

ISBN: 978-0321845405

5th edition

Authors: Marvin L. Bittinger, Judith A. Beecher, David J. Ellenbogen, Judith A. Penna

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Question Posted: Apr 12, 2016 10:01 AM

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Jenna made an investment for 1 year that earned $7.50 simple interest. If the principal had been

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Let p the principal and r the interest rate ...View the full answer

College Algebra Graphs and Models

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