Find the interest paid on a loan of $2 comma 100 for three years at a simple interest rate of 11% per year.
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Compute the simple interest for the specified period and the future value at the end of the period. Round all answers to the nearest cent. $$ \$ 10,100 \text { is invested for } 3 \text { months at } 11 \% \text { per year. } $$
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