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Automotive Excellence Inc. borrowed $17,000.00 on May 11 with an interest rate of 4.6% per annum. On July 21, $4800.00 was repaid, and on August
Automotive Excellence Inc. borrowed $17,000.00 on May 11 with an interest rate of 4.6% per annum. On July 21, $4800.00 was repaid, and on August 12, $5300.00 was repaid. Automotive Excellence paid the balance of the loan on October 6. What was the final payment? The final payment was $(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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