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Alex borrowed $12,000 on May 6, 2020. He paid the loan back on demand: $3,700 on July 3, 2020, $4,900 on November 5, 2020, and

Alex borrowed $12,000 on May 6, 2020. He paid the loan back on demand: $3,700 on July 3, 2020, $4,900 on November 5, 2020, and the balance on January 25, 2021. The rate of interest on the loan was 5% p.a. How much did he pay on January 25, 2021?

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