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In order to start a small business, a student takes out a simple interest loan for $ 6 0 0 0 . 0 0 6

In order to start a small

business, a student takes out a simple interest loan for

6000.006000.00

for

99

months at a rate of

8.008.00 % .

.

How much interest must the student

pay?

.

Find the future value of the loan.

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