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Mathematics, 12.12.2020 16:30 karsenbeau

Find the principal amount invested if the amount in a monthly compounded account with a 5.1% interest rate is $9,996.32 after 54 months. Enter the answer in dollars and cents, and round to the nearest cent, if needed. Do not include the dollar sign. For example, if the answer is $0.61, only the number 0.61 should be entered.

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Find the principal amount invested if the amount in a monthly compounded account with a 5.1% interes...
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