You are required to complete a loan amortization tables for the following scenarios:

Task 1 A Corporation is planning to buy a loan that is worth $12.000,000. This loan will be repaid in 20 years with quarterly payments in a year. The annual interest for this loan is 12%. This loan will have equal payments. 

Task2 A Corporation is planning to buy a loan that is worth $12,000.000. This loan will be repaid in 18 years with monthly payments in a year. The annual interest for this loan is 12%. This loan will have equal payments. 

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Task 1 To complete the loan amortization table for the given scenario we have the following informat... View the full answer