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The principal P is borrowed at a simple interest rate r for a period of time t. Find theloan's future valueA, or the total amount
The principal P is borrowed at a simple interest rate r for a period of time t. Find theloan's future valueA, or the total amount due at time t. Round answers to the nearest cent.
P= $22,000, r= 4.0%, t= 2 years
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