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A demand loan for $8544 46 with interest at 8.3 % compounded quarterly is repaid after 7 years, 10 months. What is the amount of

A demand loan for $8544 46 with interest at 8.3 % compounded quarterly is repaid after 7 years, 10 months. What is the amount of interest paid? The amount of 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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