document.write( "Question 82027: Find the simple interest and the total payback amount on a loan of $600 at an annual rate of 8% for 4 months.
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Algebra.Com's Answer #58754 by checkley75(3666) $\"\"$ $\"About$

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600(.08*4/12)=600(.32/12)=192/12=$16 IS THE SIMPLE INTEREST. THE TOTAL PAYBACK=600+16=$616. \n" ); document.write( "

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