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QUESTION

Determine the present value P that must be invested to have the future value A at simple interest rate r after time t. A​ = ​$9000.00​, r​ = 9.0​%, t​ = 9 months​$nothing $__. ​(Round up to the nea

Determine the present value P that must be invested to have the future value A at simple interest rate r after time t.

 A​ = ​$9000.00​, r​ = 9.0​%, t​ = 9 months​$nothing 

$__.  ​(Round up to the nearest cent as​ needed.)

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