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Question 3 x The principal P is borrowed and the loan's future value, A, at time t is given. Determine the loan's simple interest rate,

Question 3 x The principal P is borrowed and the loan's future value, A, at time t is given. Determine the loan's simple interest rate, r, to the nearest tenth of a percent. P = $140 A = $190.40 t = 4 years
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The principal P is borrowed and the loan's future value, A, at time t is given. Determine the loan's simple interest rate,, , to the nearest tenth of a percent. P=$140A=$190.40t=4years

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