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Determine the present value P you must invest to have the future value A at simple interest rate r after time t. A=$18,000,r=3.0%,t=6 years The

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Determine the present value P you must invest to have the future value A at simple interest rate r after time t. A=$18,000,r=3.0%,t=6 years The present value that must be invested to get $18,000 after 6 years at an interest rate of 3.0% is $. (Round up to the nearest cent.)

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