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Question 6 1 pts Halep Inc. borrowed $36,770 from Davis Bank and signed a 9-year note payable stating the interest rate was 8% compounded annually.

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Question 6 1 pts Halep Inc. borrowed $36,770 from Davis Bank and signed a 9-year note payable stating the interest rate was 8% compounded annually. What is the interest portion of the payment for year 1 ? Round to the nearest penny, two decimal places

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