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zaharov [31]
3 years ago
12

I = $125 r = 6% t = 1

Mathematics
1 answer:
Schach [20]3 years ago
7 0

Answer:

\$ 117.92

Step-by-step explanation:

Use simple interest formula.

I = P (1 + rt)

125 = P (1 + 0.06(1))

125 = P (1.06)

125/1.06=P

117.924528=P

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