Miguel Rodriguez borrowed $200 from his brother Julio to pay for his books and tuition. He agreed to pay Julio in 6 months with simple annual interest at 6.1%. a) How much will the interest amount to?

Miguel Rodriguez borrowed $200 from his brother Julio to pay for his books and tuition. He agreed to pay Julio in 6 months with simple annual interest at 6.1%.

a) How much will the interest amount to?
b) What amount must Miguel pay Julio at the end of 6 months?

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