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Determine the present value P that must be invested to have the future value A at simple interest rate r after time t. A=$9000,r=1.55%,t=6months The

Determine the present value P that must be invested to have the future value A at simple interest rate r after time t. A=$9000,r=1.55%,t=6months The present value P that must be invested is $ (Round up to the nearest cent as needed.)

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