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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

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say a student obtains a simple-interest loan to pay one year of college tuition, which costs $18,000, and the annual interest rate on the loan is 6%. The student repays the loan over three years. The total amount paid is: Select one: a. 5000$ b. 3240$ c. 21240 $ d. 23000$

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