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1- Hessa plans to borrow $1,780. She has decided on a term of 280 days at 7% simple interest. She has a choice of two
1- Hessa plans to borrow $1,780. She has decided on a term of 280 days at 7% simple interest. She has a choice of two lenders. Once calculates interest using a 360-day year and the other uses a 365-day year. Find the amount of interest Hessa will save by using the lender with the 365-day year.
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