## Math Problem Statement

How much money did Lana borrow, if the amount to be paid in 6 months with simple monthly 4% accrual was 620 GEL?

## Solution

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## Math Problem Analysis

### Mathematical Concepts

Simple Interest

Algebra

### Formulas

A = P(1 + rt)

### Theorems

Simple Interest Formula

### Suitable Grade Level

Grades 8-10

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