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A debt of $9950 is due in 8 months with interest at 4.5%. Partial payments of $2517 and $927 are made in 5 and 6

A debt of $9950 is due in 8 months with interest at 4.5%. Partial payments of $2517 and $927 are made in 5 and 6 months respectively. What is the balance due on the final statement date by the Merchant's Rule?

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