SOLUTION: Calculate the simple interest and maturity value for this problem: Principal $21,000 Interest rate 5% Time 1 3/4 years

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Question 661697: Calculate the simple interest and maturity value for this problem:
Principal $21,000
Interest rate 5%
Time 1 3/4 years
Answer by lynnlo(4176) About Me  (Show Source):
You can put this solution on YOUR website!
$22,050.00
maturity is $1,050