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Samuel Johnson is buying his retail space by making payments of $3858.58 at the end of every three months including interest at 7% compounded semiannually
Samuel Johnson is buying his retail space by making payments of $3858.58 at the end of every three months including interest at 7% compounded semiannually for twelve years. What total amount of interest will he pay over the twelve years? Do not round intermediate values in your calculation. Express the final answer to the nearest cent
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