JeramiO472625 JeramiO472625

28-10-2022
Mathematics

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Can't figure out the best answer to this math equation

Cant figure out the best answer to this math equation class=

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EllietteU451169 EllietteU451169

28-10-2022

Maturity value and simple interest are related as follows

[tex]M=P+I[/tex]

Where M = 4500 and I = 350

[tex]\begin{gathered} 4500=P+350 \\ P=4500-350 \\ P=4150 \end{gathered}[/tex]

Hence, the answer is D. $4150.

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