wburke0204
wburke0204 wburke0204
  • 06-04-2022
  • Mathematics
contestada

The length of the term is one year. Calculate the principal if the maturity value is $4,500 and the simple interest is $350.

Respuesta :

TheGeniusAnswerer
TheGeniusAnswerer TheGeniusAnswerer
  • 06-04-2022

Answer:

Easy! The answer is $4,150

Step-by-step explanation:

The $350 is interest so we will take that away from the maturity value to get 4,150!

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