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If you borrow $100 000 for 60 days with simple interest of 5.1% per annum, what is the total amount paid on the loan? a.

If you borrow $100 000 for 60 days with simple interest of 5.1% per annum, what is the total amount paid on the loan?

a.
$5,100

b.
$838.36

c.
$100,838.36

d.
$99,168.61

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