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Linda finances a sofa for $1,075 by taking out an installment loan for 48 months. The payments were $31.35 per month and the total finance

Linda finances a sofa for $1,075 by taking out an installment loan for 48 months. The payments were $31.35 per month and the total finance charge was $429.80. After 24 months, Linda decided to pay off the loan. After calculating the finance charge rebate, find her loan payoff.

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