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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 r to the

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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 r to the nearest tenth of a percent. P = $4700.00, A = $4964.38, t = 9 months % (Round to the nearest tenth of a percent.)

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