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1. Find the missing variable using the basic interest formula: A. Ordinary Interest Method Principal Rate Time Interest 1 6,000 6% 60 Days 2 1,500

1. Find the missing variable using the basic interest formula:

A. Ordinary Interest Method

Principal Rate Time Interest 1 6,000 6% 60 Days 2 1,500 90 Days 30 3 8,620 15% 1 Month 4 1,600 135 Days 42 5 7,200 10% 540

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