Question: Please double check your work and show all steps! 1 pts Question 10 Suppose you take out a margin loan for $20,186. You pay a

Please double check your work and show all steps!

Please double check your work and show all steps! 1 pts Question

1 pts Question 10 Suppose you take out a margin loan for $20,186. You pay a 9.82 percent effective rate. If you repay the loan in 8 months, how much interest (in dollars) will you pay? Answer to two decimals

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