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Zoua’s older sister borrowed $3,000 from a bank to buy a used car. She asked Zoua to figure out the total amount she will have to pay back at a 4.6% simple annual interest rate over a period of 48 months. How much will Zoua’s sister have to pay the bank?
A 48.30
B 483.00
C 3048.30
D 3552.00
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