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Lucy borrowed $10,000 from ABC Bank on 05/25/2018 at 6% simple interest rate and agree to repay the loan on 11/09/2018. What is the amount

Lucy borrowed $10,000 from ABC Bank on 05/25/2018 at 6% simple interest rate and agree to repay the loan on 11/09/2018. What is the amount of Brad’s required payment using:

(a) the exact simple interest method

(b) the ordinary simple interest method

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