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What date was the early payment made

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Problem 1: John owed $4850.00 to Bridget for the advice she gave him on how to keep his towel from falling off after getting out of the shower. Bridget accepted an early payment of $4574.73 instead of the scheduled payment, allowing for interest at the rate of 8 3/4 %. If the scheduled payment was due on July 14th, 2011, on what date was the early payment made?

Reference no: EM132816777

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