Question: Return Suppose you take out a margin loan for $35,000. The rate you pay is an effective rate of 7.8 percent. If you repay the

Return Suppose you take out a margin loan for $35,000. The

Return Suppose you take out a margin loan for $35,000. The rate you pay is an effective rate of 7.8 percent. If you repay the loan in six months, how much interest will you pay? (Do not round intermediate calculations. Round your answer to 2 decimal places.) 0.83 points & Answer is complete but not entirely correct. Interest $ 1,365.00

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