Village finance co advanced three loans to kamikomdash4000, Ask an Expert

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Village Finance Co. advanced three loans to Kamiko—$4,000 on June 18, $3,600 on August 23,and $3,100 on October 27. Simple interest at 8.15% was charged on all three loans, and all were repaid on December 31 when some bonds that she owned matured. What total amount was required to pay off the loans?

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