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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. P =
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. P = $2300, A = $2753 , t = 3 months The loan's simple interest is %. ? ( round to the nearest tenth of a percent as needed )
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