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Posted: **Mon Jul 11, 2022 12:46 pm**

: Determine The Present Value P That Must Be Invested To Have The Future Value A At Simple Interest Rate R After Time T A 1 (9.46 KiB) Viewed 21 times

Determine the present value P that must be invested to have the future value A at simple interest rate r after time t. A= $6500, r= 13%, t = 5 years (Round up to the nearest cent.)