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in 5 minutes Cristy borrowed 54,800 from a family friend 2 years ago at 7% compounded annually for the first year and 8% compounded semi-

in 5 minutes
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Cristy borrowed 54,800 from a family friend 2 years ago at 7% compounded annually for the first year and 8% compounded semi- annually thereafter. She made a payment 1% years into the loan for $3714. How much should Cristy pay today to clear her loan? Select one. O a 55384 26 Ob $1760 24 O c none O d. 55777.30 Check

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