Cindy borrowed money from a bank and she is repaying the loan by making monthly payments of R1404 at the end of every month. The loan will be paid off in 7 years and interest is calculated at a rate of 7.586% per year, compounded monthly. How much will Cindy still owe the bank immediately after making payment number 59? (Give your answer rounded to 2 decimal places. If you think the answer is R1012.3456, type in 1012.35)

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Cindy het geld geleen by 'n bank en sy betaal die lening af deur maandelikse paaiement van R1404 te maak aan die einde van elke maand. Die lening sal afbetaal wees na 7 jaar en rente word bereken teen 'n koers van 7.586% per jaar, maandeliks saamgestel. Hoeveel sal Cindy nog die bank skuld onmiddelik nadat sy paaiement 59 betaal het? (Gee jou antwoord afgerond tot 2 desimale syfers. As jy dink die antwoord is R1012.3456, tik in 1012.35)