Question: The principal P is borrowed at a simple interest rate r for a period of time t. Find the loan's future value A, or the

The principal P is borrowed at a simple interest rate r for a period of time t. Find the loan's future value A, or the total amount due at time t. P = $6000, r = 5%, t = 5 years Question content area bottom Part 1 $ enter your response here (Round to the nearest cent as needed.)

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