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give the answer Question 2 of 6 Karl invested his savings in a short-term fund that was offering a simple interest rate of 4% p.a.

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Question 2 of 6 Karl invested his savings in a short-term fund that was offering a simple interest rate of 4% p.a. The maturity value of the investment at the end of 330 days was $26,667.11. a. Calculate the principal amount invested. $0.00 Round to the nearest cent b. Calculate the interest earned during the period. $0.00 Round to the nearest rent

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