SOLUTION: How much must be placed in a five-month term deposit earning 4.3% simple interest in order to earn $490 interest? (Round your answer to the nearest cent.)

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Question 902518: How much must be placed in a five-month term deposit earning 4.3% simple interest in order to earn $490 interest? (Round your answer to the nearest cent.)
Answer by ewatrrr(24785) About Me  (Show Source):