Answer:
$7897.50
Step-by-step explanation:
using both compound interest and simple interest, they will need to pay $7897.50 by the end of a year
Cutting on (12,0) and (0,4)
1.7 x 107 = 181.9
6.9 x 1014 = 6996.6
Then you take both of those answer and do 181.9 x 6996.6 = 127,268,1.54