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Find the principal and the interest amount. Present Value (principal) Interest amount Future value (maturity value) Interest rate Time ? ? $5347.76 8.4% 104 days
Find the principal and the interest amount.
Present Value (principal) | Interest amount | Future value (maturity value) | Interest rate | Time |
? | ? | $5347.76 | 8.4% | 104 days |
a. The principal is $___
b. The interest amount is $____
Round all final answers to the nearest cent as needed. Round all intermediate values to six decimals places as needed.
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