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Miguel Rodriguez borrowed $400 from his brother Julio to pay for books and tuition. He agreed to pay Julio in 6 months with simple
Miguel Rodriguez borrowed $400 from his brother Julio to pay for books and tuition. He agreed to pay Julio in 6 months with simple annual interest at 6.4% a) How much will the interest amount to? b) What amount must Miguel pay Julio at the end of 6 months? The simple interest is $ 12.80 The final balance is $
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