Question: content area top Part 1 Determine the present value P that must be invested to have the future value A at simple interest rate r
content area top Part 1 Determine the present value P that must be invested to have the future value A at simple interest rate r after time t. A = $5000, r = 1.65%, t = 6 months Question content area bottom Part 1 The present value P that must be invested is $ enter your response here. (Round up to the nearest cent as needed.)
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