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Determine the present value, P. you must invest to have the future value, A, at simple interest rater after time t. Round answer to the nearest dollar A = $148.20, r = 7%, t=2 y…

Determine the present value, P. you must invest to have the future value, A, at simple interest rater after time t. Round answer to the nearest dollar A = $148.20, r = 7%, t=2 y…
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Determine the present value, P. you must invest to have the future value, A, at simple interest rater after time t. Round answer to the nearest dollar

A = $148.20, r = 7%, t=2 years
A. $144
B. $137
C. $130
D. $132

asked
User Alfreddd
by
8.1k points

1 Answer

9 votes
It’s definitely d. $132 cause I know it
answered
User Pankaj Rawat
by
9.2k points
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