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QUESTION

A friend lent 17,600 to Dawn W. Monroe, the owner of a comic book store. She repaid the loan at the end of 6 months at 7 1/2% simple interest. What total amount did Dawn pay her friend?

A friend lent 17,600 to Dawn W. Monroe, the owner of a comic book store. She repaid the loan at the end of 6 months at 7 1/2% simple interest. What total amount did Dawn pay her friend?

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