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1.) Determine the present value P you must invest to have the future value A at simple interest rate r after time t. A​ = ​$3000.00 r​ = 13.0% ​, t​ = 6 months 2.) A student borrows ​$1000 for tuition to be paid back at a simple interest rate of 15​% in 6 months. How much does hehe pay back in 6 ​months?

/in /by

1.) Determine the present value P you must invest to

have the future value A at simple interest rate r after time t.

A​ = ​$3000.00 r​ = 13.0% ​, t​ = 6 months

2.) A student borrows ​$1000 for tuition to be paid back at a simple interest rate of 15​% in 6 months. How much does hehe pay back in 6 ​months?

 
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