What principal must be invested at an annual interest rate of 3% for 180 days to earn $35.75 interest? $2248 $1192 $2383 $2416 $2220

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section: Chapter Questions
Problem 14PTTS
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What principal must be invested at an annual interest rate of 3% for 180 days to
earn $35.75 interest?
$2248
$1192
$2383
$2416
$2220
Transcribed Image Text:What principal must be invested at an annual interest rate of 3% for 180 days to earn $35.75 interest? $2248 $1192 $2383 $2416 $2220
What is the maturity value of $1500 invested at 6.75% for a period from 145 days
1540.22
2153.08
1538.83
1902.23
1601.25
Transcribed Image Text:What is the maturity value of $1500 invested at 6.75% for a period from 145 days 1540.22 2153.08 1538.83 1902.23 1601.25
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