Question: NEED ANSWER ASAP PLEASE HELP ME A demand loan for $8743.82 with interest at 9.8% compounded annually is repaid after 9 years, 8 months. What

NEED ANSWER ASAP PLEASE HELP ME

A demand loan for $8743.82 with interest at 9.8% compounded annually is repaid after 9 years, 8 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.)

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