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Question 6. Determine the present value, P, you must invest to have the future value, A, at simple interest rate r aftertime t. Round answer

Question 6.

Determine the present value, P, you must invest to have the future value, A, at simple interest rate r aftertime t. Round answer to the nearest dollar. A=$177_00, r: 9%, t: 2 years 0 A. $150 0 B. $152 0 0. $168 0 D. $157

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