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Max Wholesaler borrowed $ 2 , 0 0 0 on a 1 0 % , 1 2 0 - day note. After 4 5 days,

Max Wholesaler borrowed $2,000 on a 10%,120-day note. After 45 days, Max paid $700 on the note. Thirty days later, Max paid an additional $630. What is the final balance due? Use the U.S.Rule to determine the total interest and ending balance due. Use ordinary interest.

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