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Raul Fletes borrowed $10,000 on a 300-day note that required ordinary interest at 12.51%. Raul paid $5,000 on the note on the 250th day. How
Raul Fletes borrowed $10,000 on a 300-day note that required ordinary interest at 12.51%. Raul paid $5,000 on the note on the 250th day. How much interest did he save by making the partialpayment?
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