imnotcrazydude91991 imnotcrazydude91991

24-01-2024
Mathematics

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The simple Interest equation is I = PRT, where I is the interest, P is the principal amount, R is the interest rate, and T is the time in years. If you earn $125 in interest from the simple interest equation with a 5% interest rate and 4 years, then how much is the principal amount?

A. 56.25
B. 625.00
C. 525.00
D. 0.25

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