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Suppose that you took out a loan at 7% interest for 192 days. If the amount of interest was $149.33, use the ordinary interest method to find the amount of principal you borrowed. Round to the nearest whole dollar amount.

$

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I = PRT

149.33 = P * 0.07 * 0.5260

149.33 = 0.0368P

149.33 / 0.0368 = P

4057.88 = 4058 = P

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