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6593 is incorrect. Sorry about that. Sheridan Service has a line of credit loan with the bank The intal loan Ostance was $9000.00 Payments of

6593 is incorrect. image text in transcribed
Sorry about that. image text in transcribed
Sheridan Service has a line of credit loan with the bank The intal loan Ostance was $9000.00 Payments of 3600.00 and 45000 were made for three months and seven months respectively At the end of one year, Sheridan Service borrowed an abonal $5000.00 Yen months later the line of credit was converted into a Collateral mortgage loan What was the amount or the mortgage loan the time of creat interest was compounded month The amount of the loan is $6503 (Round the final answer to the nearest cent as needed, Round all intercostals to decima preces Shendan Service has a line of credit loan with the bank. The intal loan balance was 59000 DO Payments of $360000 and $4500 na were made after mee more and seven months respectively At the end of one year, Sheridan Service borrowed an additional $5000 00. Ten months later the line of creation was converted into a collateral mortgage loan what was the amount of the mortgage loan the line of credit interest was 6% compounded monthly The amount of the loan $ (Round the final answer to the nearest cent as needed Round altermediate vstues to decimo piace ceea

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