Question: The principal Pis borrowed and the loan's future value A at time t is given. Determine the loan's simple interest rater. P = $5000.00, A

The principal Pis borrowed and the loan's future value A at time t is given. Determine the loan's simple interest rater. P = $5000.00, A = $7250.00, t = 5 years % (Round to the nearest tenth of a percent as needed.)

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