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Your firm is considering an one-year loan options for a $611955 loan. The loan carries fees of 1.4% of the loan amount and charges interest

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Your firm is considering an one-year loan options for a \$611955 loan. The loan carries fees of 1.4% of the loan amount and charges interest of 6.81% of the loan amount. What is the net amount of funds from the loan? NOTE: Submit your answers with 4 decimals after the dot. Do not include the "\$" sign

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