SOLUTION: A bank deposit paying simple interest at the rate of 8% per year grew to a sum of $1900 in 6 months. Find the principal.

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Question 586137: A bank deposit paying simple interest at the rate of 8% per year grew to a sum of $1900 in 6 months. Find the principal.
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
1900*(1+0.08/2)=$1826.92