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Wade recently was unable to pay back his original payday loan that charges 1 7 . 5 % interest for a one - month period.

Wade recently was unable to pay back his original payday loan that charges
17.5
%
interest for a one-month period. He had to rollover his loan and interest into a new one-month loan.
Part A: What is Wades original repayment amount for a
$
320
loan after the first month?
$
Part B: Given that Wade had to rollover both his loan and interest, what is the repayment amount for his new loan?
$
Part C: Assuming Wade continued this rollover trend for the next five months, complete the following table to show the relationship between the repayment amount and the number of one-month periods that have passed. Round each repayment amount to the nearest dollar.

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