document.write( "Question 1176669: The principal P is borrowed and the​ loan's future value A at time t is given. Determine the​ loan's simple interest rate r.\r
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Algebra.Com's Answer #803968 by ewatrrr(24785)\"\" \"About 
You can put this solution on YOUR website!
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document.write( "Hi\r\n" );
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document.write( "Yes!  Use Simple Interest Formula:\r\n" );
document.write( "\"A%28t%29+=+P%281+%2Brt%29\"\r\n" );
document.write( "\"A%28t%29+=+P+%2B+Prt%29\" \r\n" );
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document.write( "\"+r+=+%28A-P%29%2FPt+\"\r\n" );
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document.write( " \"+r+=+%286450-6000%29%2F%286000%2A1%29+\"= .075  0r 7.5% interest rate\r\n" );
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document.write( "Wish You the Best in your Studies.\r\n" );
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