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Khalid borrowed $36,750 at 8.25% interest for 8 months. a)How much will he owe at maturity? b)How much of the total amount owed is interest?

Khalid borrowed $36,750 at 8.25% interest for 8 months.

a)How much will he owe at maturity?

b)How much of the total amount owed is interest?

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