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Eric was required to repay a loan that matured to $4,050 on August 6, 2015. However, she realized that she could clear the loan amount
Eric was required to repay a loan that matured to $4,050 on August 6, 2015. However, she realized that she could clear the loan amount on June 12, 2015 instead. How much would she have to pay to clear the loan on June 12, if the simple interest rate charged is 2.50% p.a.?
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