# Word problem help, please?

Answers:0 | LastUpdateAt:2012-09-29 13:21:04

**Q**uestion- jale
- Asked at 2012-09-29 13:21:04

The principal P is borrowed and the future value of the loan A at time t is given . Determine the loan interest rate r simple to the tenth of a percentage point . MedlinePlus
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1. P = A = $ 3000.00 $ 3720.00 t = 4 years MedlinePlus
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2. P = A = $ 3900.00 $ 3982.88 t = 3 months MedlinePlus
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3. In order to start a small business , a student takes a simple interest loan for $ 2,000.00 for 6 months at a rate of 12.50 % MedlinePlus
one . What interest does the student pays ? MedlinePlus
b. Find the future value of the loan . MedlinePlus
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Thank you !

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