Question: A demand loan for $6845.65 with interest at 5.9% compounded annually is repaid after 6 years, 5 months. What is the amount of interest Next

A demand loan for $6845.65 with interest at 5.9% compounded annually

A demand loan for $6845.65 with interest at 5.9% compounded annually is repaid after 6 years, 5 months. What is the amount of interest Next ques ... The amount of interest is $1 (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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