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I need help. Given the following information concerning a promissory note: Interest Rate 15% Term 45 Days Interest $78.75Determine the principal value of the note.

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I need help.

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Given the following information concerning a promissory note: Interest Rate 15% Term 45 Days Interest $78.75Determine the principal value of the note. Note: To simplify the arithmetic in the problem, use 360 days for the number of days in a year. Principal: $

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