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Mathematics, 25.05.2021 05:20 Lamr

Melissa took out a loan for 11 months and was charged simple interest at an annual rate of 2.4%. The total interest she paid on the loan was $143.
How much money did Melissa borrow?
Do not round any intermediate computations. If necessary, refer to the list of financial formulas.

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Melissa took out a loan for 11 months and was charged simple interest at an annual rate of 2.4%. Th...

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