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OpenStudy (anonymous):
Still putting these on here because I am still getting confused! Determine the present value P you must invest to have the future value A at simple interest rate r after time t. Round to the nearest cent. A = $7,000, r = 7.0%, t = 3 years I got 5,785.12. Is this correct?
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OpenStudy (mr.math):
Correct! :D
OpenStudy (anonymous):
YES! Thank you! You are helping me SO MUCH! I appreciate this A LOT!
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