document.write( "Question 1176672: Determine the present value P you must invest to have the future value A at simple interest rate r after time t.
\n" ); document.write( "A = $9000.00, r = $10.5%, t = 6 months
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Algebra.Com's Answer #803972 by ewatrrr(24785) $\"\"$ $\"About$

You can put this solution on YOUR website!

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document.write( "Hi\r\n" );
document.write( "Yes!  Use Simple Interest Formula:\r\n" );
document.write( " A = P(1 + rt)\r\n" );
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document.write( "     \r\n" );
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document.write( " = $8,551.07(rounded up to nearest cent)\r\n" );
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document.write( "Wish You the Best in your Studies.\r\n" );
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