Solution-Combined principal and interest on an amount

Combined principal and interest on an amount

Reference no: EM131247155

Ross has just been notified that the combined principal and interest on an amount that he borrowed 21 months ago at 6.4% compounded quarterly is now $3576.07. How much of this amount is principal and how much is interest?

(Round your answers to 2 decimal places.)

Reference no: EM131247155

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Combined principal and interest on an amount

Reference no: EM131247155

Reference no: EM131247155

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