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Question 27 Not yet answered say a student obtains a simple-interest loan to pay one year of college tuition, which costs $18,000, and the annual

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Question 27 Not yet answered say a student obtains a simple-interest loan to pay one year of college tuition, which costs $18,000, and the annual interest rate on the loan is 6%. The student repays the loan over three years. The total amount paid is: Marked out of 1.00 Select one: a. 23000$ Flag question b. 32405 C. 5000$ d. 21240 $

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