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ts Suppose you take out a margin loan for $56,000. The rate you pay is an effective rate of 7.4 percent. If you repay the

ts Suppose you take out a margin loan for $56,000. The rate you pay is an effective rate of 7.4 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. Answer is complete but not entirely correct. S 58,035.02 x Interest
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Suppose you take out a margin loan for $56,000. The rate you pay is an effective rate of 7.4 percent. If you repay the loan in six months, or 180 days, how much interest will you pay? Note: Do not round intermediate colculations. Round your onswer to 2 decimal places. Answer is complete but not entirely correct

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