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I take out a loan for a college tuition from a bank that charges simple interest at an annual rate of 5.35%. The loan is

I take out a loan for a college tuition from a bank that charges simple interest at an annual rate of 5.35%. The loan is for $9100 for four months. Assume each month is 1/12 of a year. What is the interest that will be owed after four months. And what is the amount owed after four months.

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