This sequence seems to apply -9, +13, +6 repeatedly.
So after the 34, the -9 has to be applied. The next number would be 25.
Interest accumulates whether he pays or not.
If he does not pay, the principal is not reduced, therefore the accumulated amount in 15 months is equal to
Future value = 13000(1+0.036/12)^15
=$13597.45 (to the nearest cent)
Sorry no i cant have a great day tho
Answer:
I am so sorry if this is wrong but I believe that the answer is a. $285.
