Winter 2023 Question 8 of 15 This test: 50 point(s) possible This question: 4 point(s) possible A demand loan for $8086.04 with interest at 4.7% compounded quarterly is repaid after 8 years, 7 months. What is the amount of interest paid? . . . The amount of interest is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed. )