Question: Question 3 (1 point) If you borrowed $1,375 for 5 months at a simple interest rate of 7.00% per annum, how much interest would you
Question 3 (1 point) If you borrowed $1,375 for 5 months at a simple interest rate of 7.00% per annum, how much interest would you be required to pay? Express your answer to two decimal places but don't include symbols in your answer (i.e. $. %, etc.). Your
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