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Suppose you take out a margin loan for $60,000. The rate you pay is an effective rate of 8.6 percent. If you repay the loan in six months, or 180 days, how much interest will you pay?
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Suppose you take out a margin loan for $60,000. The rate you pay is an effective rate of 8.6 percent. If you repay the loan in six months, or 180 days, how much interest will you pay?

User Lassana
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9,288 is the answer that i’ve gotten
User Jwhitlock
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