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1)Find the future value of a simple interest loan of $16,500 at 7.5% interest for 7 months 2)Find the present value of $3,000 in 7
1)Find the future value of a simple interest loan of $16,500 at 7.5% interest for 7 months
2)Find the present value of $3,000 in 7 months at 9.4% interest
Round to nearest cent
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