Solve the problem. Round money to the nearest cent, if necessary, rates to the nearest whole percent, and time to the nearest month.If $28,750 in interest is paid on a loan at 11.5% for 5 years, what is the principal?
A. $52,272.72
B. $500,000
C. $52,300
D. $50,000
Answer: D
Mathematics
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?
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Mathematics