Question: Use the given formula to answer the question. A = P(1 + rt) is used to find the principal amount P deposited, earning r% interest,

Use the given formula to answer the question. A = P(1

+ rt) is used to find the principal amount P deposited, earning

Use the given formula to answer the question. A = P(1 + rt) is used to find the principal amount P deposited, earning r% interest, for t years. Use this to find what principal amount P David invested at a 4% rate for 10 yr if A = 14,000.

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