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13 September, 09:37

Which of the following is the simple interest paid on a loan of $354 at 6% for six months

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  1. 13 September, 09:43
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    You deposit some money into a bank account paying 6% simple interest per 6 months. You received $354 in interest after 6 months. How much the deposit (principal) was?

    Result

    The principal was $5900.
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