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Determine the amount of the early or late payment in the following situation. Your 1st original payment was to be $350 made 6 months from

Determine the amount of the early or late payment in the following situation. Your 1st original payment was to be $350 made 6 months from now. The other payment of $150 was to be made 11 months from now. You propose to pay it in a single year from now instead. The annual interest rate is 4.5%. Round to the nearest cent, if needed.

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