Solve for the unknown variables based on the information provided for the following simple interest scenarios....
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Solve for the unknown variables based on the information provided for the following simple interest scenarios. (Round all quantities to two decimal places. NOTE that this means decimal interest rates should be rounded to four places befo to a percentage!) Interest Amount Principal/Present Value $16,800.00 Interest Rate 0.5% per month Time 9 months Maturity/Future Value $1,191.28 8% per year 7.25% per year 5 months $61,460.00 months $23,756.28 $2,043.04 $41,282.00 % per year 249 days Solve for the unknown variables based on the information provided for the following simple interest scenarios. (Round all quantities to two decimal places. NOTE that this means decimal interest rates should be rounded to four places befo to a percentage!) Interest Amount Principal/Present Value $16,800.00 Interest Rate 0.5% per month Time 9 months Maturity/Future Value $1,191.28 8% per year 7.25% per year 5 months $61,460.00 months $23,756.28 $2,043.04 $41,282.00 % per year 249 days
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