What total amount was required to pay off the loans

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Village Finance Co. advanced three loans to Kamiko—$4,000 on June 18, $3,600 on August 23,and $3,100 on October 27. Simple interest at 8.15% 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?

Reference no: EM131939780

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