Suppose you borrow $755 for a term of three years at simple interest and 6.48 % APR. Determine the total (principal plus interest) you must pay back on the loan. Question content area bottom Part 1 The total (principal plus interest) you must pay back on the loan is $enter your response here . (Round to the nearest cent as needed.)

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To calculate the total amount you must pay back on the loa... View the full answer