Question

how to find the principle in simple interest

Answer 1

Answer:

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Step-by-step explanation:

Calculate Total Amount Accrued (Principal + Interest), solve for A. A = P(1 + rt)

Calculate Principal Amount, solve for P. P = A / (1 + rt)

Calculate rate of interest in decimal, solve for r. r = (1/t)(A/P - 1)

Calculate rate of interest in percent. ...

Calculate time, solve for t.

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