Multiple Choice
A -year government bond paid simple interest per year. Over the years, the bond earned in interest. What was the principal of the bond?
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A -year government bond paid simple interest per year. Over the years, the bond earned in interest. What was the principal of the bond?
Sofia plans to buy a car. Her loan statement indicates she will pay in interest for a -year loan at simple interest per year. How much did Sofia borrow for the car?