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Sheffield Curtin borrowed $48,000 on July 1, 2020. This amount plus accrued interest at 7%...

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Sheffield Curtin borrowed $48,000 on July 1, 2020. This amount plus accrued interest at 7% compounded annually is to be repaid on July 1, 2025. Click below to view the factor tables. Table 1. Future Value of 1 Table 2. Future Value of an Annuity of 1 Table 3. Present Value of 1 Table 4. Present Value of an Annuity of 1 (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How much will Sheffield have to repay on July 1, 2025? (Round answer to 2 decimal places, e.g. 25.25.) Amount to be repaid on July 1, 2025

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