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Blake was supposed to pay Li Jun $ 6 , 7 0 0 , 6 months ago, and $ 1 , 5 4 0 ,
Blake was supposed to pay Li Jun $ months ago, and $ months from now. If he wants to reschedule these payments with two payments, one payment of $ today and the balance months from now, calculate the balance amount. Assume that the simple interest charged is pa and the agreed focal date is months from now.
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