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Emilly, Bev, and Doughed originally thought that the computer equipment parade that ABC decided to undertake could be peld for with cech in the benk
Emilly, Bev, and Doughed originally thought that the computer equipment parade that ABC decided to undertake could be peld for with cech in the benk feat June 25,2021, the bence of the 5morte peable aitar meldre the payment on that dayvias $44,796. Monthly principal and Inter Instalment payments $625, pald on the 25th of each month. The morts els up for renewal on November 25, 2021. Because interest rates have fallen since the original mortize was signed. It can be reneweden Interest rate of 45. In addition, Emily has decided to reduce the morte termos Five years, Inatead of the years remaining Unfortunataly, there was not enough cash to pay for the computer egalmente originally planned and $23.000 of the operating na credit has to be used to Finance this de Emily would like to transfer the bence of the line of creditors the morte Dayable balance outstanding instead of trying to pay the beloce owed on the line of credit from each genereed from operations. The banches areed to commedets both of these regues and has bed the the monthly installment payment will be 51.20 for the combined amounts and reviled term with payment starting on December 25, 2021 If the amount of more wings $44.795 on June 25 and Instaliment payments are $625 per month as Indiceed above, what the amount of the mortgage swinger November 25,2021, firmelding the payment on that date, Immediately before it la renegotiated? (Round answer to decimal places, es 5.275.) Amount of the more owing at November 25, 2021 $
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