Question: The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's simple interest rate P = 53700,00,

The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's simple interest rate P = 53700,00, A = $3838.75 t = 6 months % (Round to the nearest tenth of a percent as needed)

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