zylex corportions german unit is looking to barrow 4.5 million from Deutsche Bank. Deutsche Bank quotes a rate of 3 months LIBOR plus 0.5 percent for the 90-day loan. currently the 3 month LIBOR is 4.175 percent. If the exchange rate on the payoff date is 0.8334/$, what is the dollar cost of the loan (Round final answer to two decimal places)

les from the Dutch Bank of the month or 0.5 cent for the day, the 12214.00