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The principal P is borrowed and the​ loan’s future value A at time t is given. Determine the​ loan’s simple interest rate r to the nearest tenth of a percent. P=2000.00 A=2022.50 t = 3 months

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The principal P is borrowed and the​ loan’s future

value A at time t is given. Determine the​ loan’s simple interest rate r to the nearest tenth of a percent.

P=2000.00 A=2022.50 t = 3 months

 
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