Question: Solve problem 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,

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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 = $150, A = $186.00, t = 4 years 0 6.4% O 6% 12% @ 5.5%

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