Find the Principal. Round to the Nearest Cent

question 37

Multiple Choice

Find the principal. Round to the nearest cent.
-Rate: 6% Time: 210 days
Interest: $48.03

• A)$4,803.00
• B)$1,372.29
• C)$1,422.29
• D)$137.23

---

Definitions:

Cross-Sectional

A type of research design or analysis that examines a population or a subset of individuals at a single point in time.

Longitudinal

Pertaining to research or studies that follow subjects over a period of time, observing changes or development in those subjects.

Experimental Group

In research, a group of subjects who are exposed to the variable under study, allowing researchers to determine the effect of the variable on the outcome.

Imposed Treatment

Medical or therapeutic care administered to an individual without their explicit consent, typically under specific legal or ethical justifications.