Question: 1 If you have borrowed 318 dollars using a pure discount loan for 5 years, where you must pay 5% in interest per year, how

1 If you have borrowed 318 dollars using a pure discount loan for 5 years, where you must pay 5% in interest per year, how much must you payback in 5 years? (Please use at least 5 decimal places and do not use S symbol in the answer)

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