In 914, the principal P is borrowed at simple interest rate r for a period of time t
Chapter 8, Problem 12(choose chapter or problem)
In Exercises 9 - 14, 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 = $24,000, r = 8.5%, t = 6 years
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