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John had a credit card balance of $750. He made a payment of $250. The interest rate is 22.5%. How much interest did he pay?
John had a credit card balance of $750. He made a payment of $250. The interest rate is 22.5%. How much interest did he pay?
a. 102.50
b. 112.50
c. 168.75
d. 262.50
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