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Suppose you take out a margin loan for $ 7 3 , 0 0 0 . You pay an effective rate of 6 . 6

Suppose you take out a margin loan for $73,000. You pay an effective rate of 6.6 percent. If you repay the loan in 90 days, how much interest will you pay?
Note: Do not round intermediate calculations. Round your answer to 2 decimal places.

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