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In your first month of construction, you draw 12% of the loan. Your loan amount is $573,661. Your interest rate is 4.5%. How much interest
In your first month of construction, you draw 12% of the loan. Your loan amount is $573,661. Your interest rate is 4.5%. How much interest will you pay in the second month? Express your answer in dollar amount, without the dollar sign and two digits after the decimal
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