What principal will earn $39.96 interest from June 18, 2021, to December 15, 2021, at 9.25%?

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Contemporary Business Mathematics With Canadian Applications

ISBN: 9780135285015

12th Edition

Authors: Ali R. Hassanlou, S. A. Hummelbrunner, Kelly Halliday

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Question Posted: Oct 27, 2020 07:06 AM

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What principal will earn $39.96 interest from June 18, 2021, to December 15, 2021, at 9.25%?

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This is a simple interest problem To solve for the principal amount use the interest formula I Pr...View the full answer

Contemporary Business Mathematics With Canadian Applications

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