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posted by stacy Tuesday, October 30, 2012 at 5:02pm.
If the principal P=800, the interest I= 384, and time t = 6 years, find the following: What is the rate? What is the future value?
I = PRT 384 = 800 * R * 6 384/4800 = R 0.08 = 8% = R
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