Question: Floyd borrowed $ 3 6 0 0 for 2 years 3 months at 7 % simple interest. Part 1 of 2 ( a ) How
Floyd borrowed $ for years months at simple interest.
Part of
a How much interest will Floyd have to pay?
The interest paid is $
Part of
b What will be the total amount that he has to pay back?
The total amount Floyd has to pay back is $
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