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Fred borrows $2710 at 3.8% simple interest per month. When Fred pays the loan back 3 months later, what is the total amount that Fred ends up repaying?
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24 votes
24 votes
Fred borrows $2710 at 3.8% simple interest per month. When Fred pays the loan back 3 months later, what is the total amount that Fred ends up repaying?

User Perez
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1 Answer

16 votes
16 votes

Answer:

3,018.94

Explanation:

User Caffaddt
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