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A woman uses a loan program for small businesses to obtain a loan to help expand her vending machine business. The woman borrows $20,000 for
A woman uses a loan program for small businesses to obtain a loan to help expand her vending machine business. The woman borrows $20,000 for 3 years with a simple interest rate of 1.1%. Determine the amount of money the woman must repay after 3 years.
The woman must repay $______?
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