Question

the principal if the rate if interest is 4.5% per month for 6 years and simple interested is $3847.50​

Answer 1

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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