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Suppose you take out a margin loan for $ 4 7 , 0 0 0 . The rate you pay is an effective rate of

Suppose you take out a margin loan for $47,000. The rate you pay is an effective rate of 9.1 percent. If you repay the loan in six months, or 180 days, how much interest will you pay?
Note: Do not round intermediate calculations. Round your answer to 2 decimal places.
\table[[Interest,$,210921]]
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