Question: Question 3 2 pts Suppose you loaned $ 1 . 4 8 6 to your best friend's cousin and he promised to pay you back

Question 3
2 pts
Suppose you loaned $1.486 to your best friend's cousin and he promised to pay you back the loan in a year, with 8% interest. Using simple interest method, how much interest will he pay you in a year? (Round your answer to two decimal points)
Question 3 2 pts Suppose you loaned $1.486 to your best

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