Assume that simple interest is being calculated

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Reference no: EM131360885

Assume that simple interest is being calculated. allan borrowed $6500 from his father to buy a car. he repaid him after 4 months with interest 2% per year. find the total amount he repaid.

a) $6630.00

b) $43.33

c) $6532.50

d) $6543.33

Reference no: EM131360885

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