dlohmann
dlohmann dlohmann
  • 02-06-2017
  • Mathematics
contestada

The simple interest paid on a loan after 2 and 1/2 years was $11.25. The annual interest rate was 1.5%. What was the principle?

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jop5
jop5 jop5
  • 14-06-2017
$7.91 takes it to 11.245 which rounds to 11.25
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