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A debt of $ 6 0 0 0 is due 9 months with interest at 7 % . Partial payments of $ 2 5 5

A debt of $6000 is due 9 months with interest at 7%. Partial payments of $255 and $1005 are made in 2 and 4 months respectively. What is the balance due on the first statement date by the merchants rule?

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