Todd Gunderson is making monthly payments on a loan for a motorcycle that carries a rate of 7.5% interest. The balance on November 12 is $3,119.54 and he makes a payment of $300 on December 15.  On January 10 he made a payment of $350.  What is the remaining balance on this loan after making the two payments?

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Q: Tim Houston purchased a wall unit for $2,300. He made a $600 down payment and financed the balance

A:

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