What principal would you need to invest at a rate of 7% to earn $150 in 9 months? Round your answer to the nearest cent.

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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What principal would you need to invest at a rate of 7% to earn $150 in 9 months? Round your answer to the nearest cent.
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Simple Inter x Σ Compound X
Transcribed Image Text:A Answers - 1 X learn.hawkeslearning.com/Portal/Lesson/lesson_certify#! - Save & Exit Certify Lesson: 4.8 Simple and Compound Interest 1/9 Correct Question 2 of 9, Step 1 of 1 What principal would you need to invest at a rate of 7% to earn $150 in 9 months? Round your answer to the nearest cent. Answer 4 5 1 $ 2022 Hawkes Learning Simple Inter x Σ Compound X
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