(F V=$ 12,000, t=10) years, annual simple interest rate of (4.5 %) Find the present value for...

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\(F V=\$ 12,000, t=10\) years, annual simple interest rate of \(4.5 \%\)

Find the present value for the given future value, \(F V\), annual simple interest rate \(r\), and number of years \(t\).

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