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Cathy borrowed $12,055.00 to buy a car. If interest was charged on the loan at 11.62% p.a., how much interest would Cathy have to pay
Cathy borrowed $12,055.00 to buy a car. If interest was charged on the loan at 11.62% p.a., how much interest would Cathy have to pay in 240 days? The interest charged would be $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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