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Village Finance Co. advanced three loans to Kamiko$4,200 on June 20, $3,800 on August 25,and $3,300 on October 29. Simple interest at 8.25% was charged
Village Finance Co. advanced three loans to Kamiko$4,200 on June 20, $3,800 on August 25,and $3,300 on October 29. Simple interest at 8.25% was charged on all three loans, and all were repaid on December 31 when some bonds that she owned matured. What total amount was required to pay off the loans? (Use 365 days a year. Do not round intermediate calculations and round your final answer to 2 decimal places.)
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