Sheridan Service has a line of credit loan with the bank. The initial loan balance was $6000.00. Payments of $2000.00 and $250000 were made after three months and nine months respectively. At the end of one year, Sheridan Service borrowed an additional 34000.00 Five months later, the line of credit loan was converted into a collateral mortgage loan. What was the amount of the mortgage loan if the line of credit interest was 7% compounded monthly? The amount of the loan is $ (Round the final answer to the nearest cent as needed Round all intermediate values to six decimal places as needed) gem Nasi Clear View an example Get more help School Help me solve this sering i - Sport