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1. The lawyer for a credit union member has sent a cheque for $3286.49 in full settlement of the member's loan balance 1 including interest

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1. The lawyer for a credit union member has sent a cheque for $3286.49 in full settlement of the member's loan balance 1 including interest at 45% for 4 months. How much of the payment is interest? The amount of the payment that is interest is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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