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Dirk Ward borrowed $ 1 2 , 0 0 0 . 0 0 for investment purposes on May 7 on a demand note providing for

Dirk Ward borrowed $12,000.00 for investment purposes on May 7 on a demand note providing for a variable rate of interest and payment of any accrued interest on December 31. He paid $800 on June 13,$150 on September 10, and $1000 on November 11. How much is the accrued interest on December 31 if the rate of interest was 8% on May 7,8.4% effective August 1, and 8.9% effective November 1?
The accrued interest on December 31 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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