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Morgan's website development business was doing well and he wanted to lend the surplus earnings he made to his friend who was in need of
Morgan's website development business was doing well and he wanted to lend the surplus earnings he made to his friend who was in need of money. He lent $2,190 at a simple interest rate of 3.50% p.a. to his friend on August 07, 2016.
a. Calculate how much interest Morgan's friend had to pay on March 18, 2017.
b. What is the total repayment amount
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