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Sergio has a perfectly square TV. The area of his TV is 36 square miles. What is the length of one side of his TV?
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<h3>The deposited sum of money by Edwin is $350.</h3>
Step-by-step explanation:
Let us assume that the amount deposited = P
The rate of interest = 1.4%
The Simple Interest earned = $24.50
Time = T = 5 years
Now, as we know:
SIMPLE INTEREST =
Hence, the deposited sum of money by Edwin is $350.