What is the total amount of interest collected, Microeconomics

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What is the total amount of interest collected

Problem

What is the total amount of interest collected from a $5,000 loan after three years with a simple interest rate of 6%?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What is the total amount of interest collected

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