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An amount of # 550,000.00 was realized when a principal, x was saved at 2% Simple Interest for 5 years. Find the value of

An amount of # 550,000.00 was realized when a principal, x was saved at 2% Simple Interest for 5 years. Find the value of x. * (3 Points) #500 000.00 #490 000.00 # 480 000.00 #470 000.00

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