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    Exam 7: Simple Interest
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    What Principal Will Have a Maturity Value of $61 500
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What Principal Will Have a Maturity Value of $61 500

Question 48

Question 48

Essay

What principal will have a maturity value of $61 500.00 at 6.5% p.a. in 17 months?

Correct Answer:

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S = 61500....

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