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Mary has a 6,000 loan and is being charged an interest rate of 8% convertible monthly for a term of four years. At the end

Mary has a 6,000 loan and is being charged an interest rate of 8% convertible monthly for a term of four years. At the end of each month, Mary pays only half of the interest due. However, along with the tenth payment, Mary pays 3,000. What is her outstanding balance immediately after the tenth payment?

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