Homework Help: math

Posted by valerie on Tuesday, January 1, 2013 at 10:18pm.

interest is 67.50 and rate is 3%, and time is 3 years. What is the principal?

math - Reiny, Tuesday, January 1, 2013 at 10:41pm
if simple interest ....

P = 67.5/(.03(3)) = 750

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