Question: Homework: HW 14 - Section 3.1 Question 9, 3.1.37 HW Score: 28.57%, 4 of 14 points O Points: 0 of 1 The principal P is

Homework: HW 14 - Section 3.1 Question 9, 3.1.37 HW Score: 28.57%, 4 of 14 points O Points: 0 of 1 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 = $4741.13, t= 3 months % (Round to the nearest tenth of a percent.)

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