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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 53

Question 53

Multiple Choice

Find the principal. Round to the nearest cent.
-Rate: 4.2%
Time: 300 days
Interest: $19.01


A) $1,901.00
B) $543.14
C) $593.14
D) $54.31

Correct Answer:

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