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    Business Mathematics Study Set 1
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    Exam 9: Simple Interest
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    Find the Principal. Round to the Nearest Cent
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Find the Principal. Round to the Nearest Cent

Question 64

Question 64

Multiple Choice

Find the principal. Round to the nearest cent.
-Rate: 8%
Time: 80 days
Interest: $1,564.26


A) $88,039.63
B) $87,989.63
C) $8,798.96
D) $80

Correct Answer:

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