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In order to start a small business a student takes out a simple interest loan for 5000 00 for 9 months at a rate of

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In order to start a small business a student takes out a simple interest loan for 5000 00 for 9 months at a rate of 9 25 a How much interest must the student pay b Find the future value of the loan a The amount of interest is Round to the nearest cent as needed

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