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8.3.19 Ques The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's simple interest rater. P

8.3.19 Ques The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's simple interest rater. P = $4900.00, A = $4949.00, t = 3 months % (Round to the nearest tenth of a percent as needed.)

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