In 2126, determine the present value, P, you must invest to have the future value, A, at
Chapter 8, Problem 25(choose chapter or problem)
In Exercises 21-26, determine the present value, P, you must invest to have the future value, A, at a simple interest rate r after time t. Round answers up to the nearest cent.
A = $5000, r = 14.5%, t = 9 months
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