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After purchasing a wristwatch for $420 on a 15% - 180-day note - a customer pays the note on day 120. How much did the customer save by prepaying the note? Assume a 360-day year and that there are no prepayment penalties.

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After purchasing a wristwatch for $420 on a 15% - 180-day note - a customer pays the note on day 120. How much did the customer save by prepaying the note? Assume a 360-day year and that there are no prepayment penalties.






 
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