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3. A line of credit has a balance of $700,000 during the first 10 days of June, and $300,000 during the remaining 20 days. If

3. A line of credit has a balance of $700,000 during the first 10 days of June, and $300,000 during the remaining 20 days. If the agreed-upon APR is 10% compounded daily, what is the total interest for the month?

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