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On March 2, 2020, Bob borrows $1325.00 with 11.25% compounded monthly. If simple interest is...

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Accounting

On March 2, 2020, Bob borrows $1325.00 with 11.25% compounded monthly. If simple interest is used for part of an interest conversion period, how much is required to settle the debt on July 29, 2024? $

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