Question: Solve for the missing item in the following. (Do not round intermediate calculations. Round your answer to the nearest cent.) Principal Interest rate Time 5.25%

Solve for the missing item in the following. (Do not round

Solve for the missing item in the following. (Do not round intermediate calculations. Round your answer to the nearest cent.) Principal Interest rate Time 5.25% 3 1/2 years Simple interest $ 300

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