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Apply the United States rule to determine the balance at maturity and the total interest paid if the remainder of the loan is paid at

Apply the United States rule to determine the balance at maturity and the total interest paid if the remainder of the loan is paid at maturity.

Principal

Interest Rate %

Loan Length (Days)

Partial Payment

Payment on Day #

$8400

912%

140

$1900

56

Question content area bottom

Part 1

The total interest paid on the loan is

$enter your response here.

(Round the final answer to the nearest cent. Round all intermediate values to the nearest cent.)

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