Solve.A certain amount of money saved for 1 year at a certain annual interest rate (simple interest) yielded $6.45 in interest. If we had added $86 to the principal and reduced the interest rate by 2 percentage point(s), the interest would have been the same. Find the principal and the rate.

A. $642.00, 5%
B. $8.66, 7.45%
C. $129.00, 5%
D. $642.00, 3%


Answer: C

Mathematics

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