Question: 8.3.17 The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's simple interest rater. P =

8.3.17 The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's simple interest rater. P = $3000.00, A = $3315.00, t = 3 years % (Round to the nearest tenth of a percent as needed.)

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