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22 November, 10:15

How much money would I need to invest for six years at 4 1/2 percent Simple interest to earn $400?

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  1. 22 November, 10:29
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    Answer: 1481.48

    Step-by-step explanation:

    SI = prt

    400 = p x 0.045 x 6

    400 = 0.27p

    P = 400 / 0.27

    P = 1481.48
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