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Dave takes out a loan for $ 5 0 0 0 to be repaid at the end of 9 months. The simple interest rate on

Dave takes out a loan for $5000 to be repaid at the end of 9 months. The simple interest rate on the loan is r=9% for the first two months, r=12% for
the next 6 months, and r=6% thereafter. How much does Dave have to pay back at the end of 9 months?
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$5337.50
$5450.00
$5225.00
$5400.00
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