Asked by coop
A store borrowed money to buy some furniture. The store paid back a total of $150,000 on a 6 month loan at 12%. Find the principal
$150000 / (1+0.12*0.5) = $141509.43
$150000 / (1+0.12*0.5) = $141509.43
Answers
Answered by
Reiny
I agree
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