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The lawyer for a credit union member has sent a cheque for$3236.23 in full settlement of the member's loan balance including simple interest at 7
The lawyer for a credit union member has sent a cheque for$3236.23 in full settlement of the member's loan balance including simple interest at 7 and 2 /3% for 11 months. How much of the payment is interest? The amount of the payment that is interest is $ _________
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