9.2.16 Question Help Sheridan Service has a line of credit loan with the bank. The initiallon balance was $7000.00 Payments of $250000 and $300000 were made the three months and eight month respectively. At the end of one your Sheridan Service borrowed an additional $1000.00. Ten months later, the ine of credit loan was converted into a coloral mortgage loan What was the amount of the mortgage loan ifline of credite was % compounded more? The amount of the loan is (Round the final awwer to the newest cont as needed. Hound al intermediate values to six declenud places as needed)