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Due to your good credit, your bank reduces the interest rate on your $13,000 loan from 8.8% to 6.9% per year. Thanks to the change,
Due to your good credit, your bank reduces the interest rate on your $13,000 loan from 8.8% to 6.9% per year. Thanks to the change, how much will you save in interest this year?
The amount you will save in interest this year is $.......... (Round to the nearest dollar.)
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