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Olivia paid off a loan by making a payment of $4,050, which included simple interest of 5.5% p.a. If she obtained the loan 6 months
Olivia paid off a loan by making a payment of $4,050, which included simple interest of 5.5% p.a. If she obtained the loan 6 months ago, calculate the amount borrowed and the amount of interest paid on this loan
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