Suppose your friend loans you $200 for a week, which you agree to repay with 6% one-time interest. At the end of the week, how much money will you owe your friend? Summarize the information provided, stating the interest rate in a decimal form. Po = r = Identify the formula you will use to solve by writing the letter of the formula here: A. I = Por B. A = Po(1+r) C. A = Po(1 + rt) Solve the problem and give your answer here:

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