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Question 8 5 pts Suppose you borrowed $857 from your local bank for 8 months. I the bank asks you to pay 7% APR interest,

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Question 8 5 pts Suppose you borrowed $857 from your local bank for 8 months. I the bank asks you to pay 7% APR interest, using simple interest method, how much interest will you have to pay at the end of 8 months? (Round your answer to two decimal points)

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