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Emilio borrows $1200 from a bank with 8% simple interest per year. How much will he have to pay back total in 2 years?
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Emilio borrows $1200 from a bank with 8% simple interest per year. How much will he have to pay back total in 2 years?

Emilio borrows $1200 from a bank with 8% simple interest per year. How much will he-example-1
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Answer:

$192

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