Question: Question 2 (5 points) Determine the present value, P, you must invest to have the future value, A, at simple interest rate r after time
Question 2 (5 points) Determine the present value, P, you must invest to have the future value, A, at simple interest rate r after time t. Round answer to the nearest dollar. A = $4000, r = 9%, t = 9 years OA) $2219 OB) $7240 C) $2291 OD $2210
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