English Translation
May God reward you.
Wait, isn’t pague also the first person preterite?
That form uses an accent mark (tilde): pagué.
Does it sound discernably different when spoken?
Between pague and pagué ? Yes, it does; the stress is on different syllables (that’s kind if what the accent -or stress mark, if you will- is for 
).
Same difference as in english for words like present. For example in the sentences:
- I like to live in the present
- Tomorrow I have to present the action plan to the board.
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