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Allison loaned Will $5,376 for 16 months. The simple interest rate for the loan was 4 5/8%. Determine the total amount of interest that Allison

Allison loaned Will $5,376 for 16 months. The simple interest rate for the loan was 4 5/8%. Determine the total amount of interest that Allison earned.

a) $248.64

b) $331.52

c) $5,707.52

d) $8,691.20

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