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Mr. belly Troy brought a new car. To pay the car the price at $1,200,000 he gave $500,000 as down payment and agreed to pay

Mr. belly Troy brought a new car. To pay the car the price at $1,200,000 he gave $500,000 as down payment and agreed to pay the balance in 2 years. Find the amount of interest paid if interest rate is 12%.

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