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(1 point) Suzanne opens a line of credit at a local bank, and immediately borrows 1870 dollars. 4 months later, she repays 1090 dollars. 5
(1 point) Suzanne opens a line of credit at a local bank, and immediately borrows 1870 dollars. 4 months later, she repays 1090 dollars. 5 months after the repayment, she borrows 510 more dollars. 5 months later, she repays 650 dollars. If no other transactions take place and the interest rate is 1 percent per month (compounded monthly), how much will she owe two years after she opened the line of credit? Answer = dollars
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