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Michaela buys a new car for $ 31 , 600 . The simple interest rate is 5.6 % and the amount of loan (plus simple
Michaela buys a new car for $ 31 , 600 . The simple interest rate is 5.6 % and the amount of loan (plus simple interest) is repayable in 6 years. What is the total amount that must be repaid? Round your answer to the nearest dollar and do not round until the final
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