Determine the present value P that must be invested to have the future value A at simple interest rate r after time t.   A​ = ​$5000.00​, r​ = 9.0​%, t​ = 6 months

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
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Chapter2: Second-order Linear Odes
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Determine the present value P that must be invested to have the future value A at simple interest rate r after time t.
 
A​ =
​$5000.00​,
r​ =
9.0​%,
t​ =
6
months
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