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QUESTION

Fred borrows 150.00 for 1 year. His payments are 13.75 per month. If he decides to pay off the loan after 6 month, find the amount of interest that he will save?

Fred borrows 150.00 for 1 year. His payments are 13.75 per month. If he decides to pay off the loan after 6 month, find the amount of interest that he will save?

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