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Sasha borrows $100 at 12% simple interest, to be paid back in 3 months. How much does she have to pay back

Sasha borrows 100 at 12 simple interest to be paid back in 3 months How much does she have to pay back class=

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Answer:

$136.00

Step-by-step explanation:

100 + 12 +12 + 12

simple interest is only against the loan itself

compound interest is the loan plus interest . . .then that sum . . .again then that some

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