In order to start a small business, a student takes out a simple interest loan for $3000.00 for 9 months at a rate of 7.
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In order to start a small business, a student takes out a simple interest loan for $3000.00 for 9 months at a rate of 7.
In order to start a small business, a student takes out a simple interest loan for $3000.00 for 9 months at a rate of 7.25%. Find the future value of the loan a The future value is $ (Round to the nearest cent as needed.)
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