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Lionel was supposed to pay Lucy $5,100, 6 months ago, and $1,840, 5 months from now....

Lionel was supposed to pay Lucy $5,100, 6 months ago, and $1,840, 5 months from now. If he wants to reschedule these payments with two payments, one payment of $3,600 today and the balance 3 months from now, calculate the balance amount. Assume that the simple interest charged is 5.75% p.a. and the agreed focal date is 3 months from now.

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