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A debt of $9850 is due in 11 months with interest at 4.25%. Partial payments of $2393 and $368 are made in 2 and 3

image text in transcribed A debt of $9850 is due in 11 months with interest at 4.25%. Partial payments of $2393 and $368 are made in 2 and 3 months respectively. What is the balance due on the final statement date by the Declining Balance Method

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