the principal if the rate if interest is 4.5% per month for 6 years and simple interested is $3847.50
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Answer:
therefore, principle = $140.0109170305677
Step-by-step explanation:
SI = P*R*T/100
3847.50 =P*458*6/1000
3847.50*1000/458*6 = P
384750/2748 =P
$140.0109170305677 =P
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