Evander Holyfield (known as the man who had part of his ear bit off by...

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Accounting

Evander Holyfield (known as the man who had part of his ear bit off by Mike Tyson) made $260 million during his boxing career but declared bankruptcy due to poor financial choices. His July interest at 16% was $310. What was Evanders principal at the beginning of July? (Use 360 days a year. Do not round intermediate calculations.)

Principal $

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