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Raul Fletes borrowed $9,500 on a 150-day note that required ordinary interest at 14.16%. Raul paid $4,750 on the note on the 75th day. How
Raul Fletes borrowed $9,500 on a 150-day note that required ordinary interest at 14.16%. Raul paid $4,750 on the note on the 75th day. How much interest did he save by making the partial payment? Round to nearest cent as needed
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