Help me figure out balance due so I can pay this person back ASAP.
Friend loaned approximately 10,000 in 2012.
Friendship ended. I signed promissory note acknowledging amount due with a 4% interest rate.
Ex-friend took me to civil court in 2014. Judgement stated amount owed to be approximately 11,000 including a 4% interest of approx. 830.00 (2012 to 2014). I started making consistent monthly payments from 2016 to presents. Total payments equal approx. $7,000.
I want to send her a FINAL payment on loan. She wants 10,000. I offered 5,000. Keep in mind...I'm willing to pay the 4% interest even on the 2 years I missed payments (2014 to 2016). How much should I give her to settle my debt and get her out of my life. please help!? Thank you!