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Your electric bill is$134. You are charged12%simple interest for late payments. How much simple interest is due if you pay the bill3months past the due

Your electric bill is$134. You are charged12%simple interest for late payments. How much simple interest is due if you pay the bill3months past the due date? (Round your answer to two decimal places.)

$4.02

4.02

Step 2

$4.02interest is due.

How much do you owein totalif you pay the bill3months past the due date? (Round your answer to two decimal places.)

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