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A friend borrowed $6,617 from you 14 years ago, and agreed to pay interest at 4.35%. Since then, they have paid you back $2,000 8
A friend borrowed $6,617 from you 14 years ago, and agreed to pay interest at 4.35%. Since then, they have paid you back $2,000 8 years ago, $1,000 5 years ago, and $3,000 3 years ago. They cannot make a payment this year so you require them to pay the full remaining amount by next year. How much will they owe you in one year? (Round answers to 0.00 decimal places.)
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