How much does he pay back in 6 months

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A student borrows $4000 for tuition to be paid back at a simple interest rate of 5% in 6 months. How much does he pay back in 6 months?

Reference no: EM13288648

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How much does he pay back in 6 months : A student borrows $4000 for tuition to be paid back at a simple interest rate of 5% in 6 months. How much does he pay back in 6 months?
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