(F V=$ 15,000, t=16) years, annual simple interest rate of (3.5 %) Find the present value for...

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\(F V=\$ 15,000, t=16\) years, annual simple interest rate of \(3.5 \%\)

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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