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A television sells for $550. Instead of paying the total amount at the time of the purchase, the same television can be bought by paying

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A television sells for $550. Instead of paying the total amount at the time of the purchase, the same television can be bought by paying $150 down and $50 a month for 14 months. How much is saved by paying the total amount at the time of the purchase?$ __ is saved by paying the total amount at the time of purchase.

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