Chelsea invested her savings in an account at 2.5% p.a. simple interest for 9 months. If she

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Chelsea invested her savings in an account at 2.5% p.a. simple interest for 9 months. If she earned an interest of $37.50 at the end of the term, what was the principal amount of the investment?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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