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The formula below gives l, the interest earned by depositing p dollars in a bank account at annual interest rate r for one year.

l=pr

If a deposit earns $75 of interest, which equation gives the principal p as a function of the interest rate r?

A. p=r/75

B. p=75-r

C. p=75/r

D. p=75r

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Answers (1)
  1. Today, 17:14
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    C. p=75/r

    ...
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