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Linda borrowed $ 1 9 , 0 0 0 on August 1 7 th . She paid $ 4 , 5 0 0 on November

Linda borrowed $19,000 on August 17th. She paid $4,500 on November 11th, $5,500 on December 8th, and the balance on February 21st. The rate of interest on the loan was 8.5%. How much did Linda pay on February 20th? Use the declining balance method.

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