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A person borrows money for car repairs and agrees to pay a total of $140.60 interest at an annual rate of 5% for a period of 9 months. How much has the person borrowed using the simple interest method? (Round to the nearest dollar.)

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A person borrows money for car repairs and agrees to pay a total of $140.60 interest at an annual rate of 5% for a period of 9 months. How much has the person borrowed using the simple interest method? (Round to the nearest dollar.)






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