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A customer takes out a new car loan of $137,500 on January 1, with a maturity date of 42 months, and an annual interest rate

A customer takes out a new car loan of $137,500 on January 1, with a maturity date of 42 months, and an annual interest rate of 9%. If 6 months have passed since note establishment, what would be the recorded interest figure at that time (rounded to two decimal places) ?

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