Question: Solve solution 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.

Solve solution The principal P is borrowed and the loan's future

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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. P = $6000.00, A = $7440.00, t = 4 years

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