On March 15, Julio borrowed $900 from Sheridan Credit Union at 7.5% per annum calculated on the daily balance. He gave the Credit Union six cheques for $135 dated the 15th of each of the next six months starting April 15 and a cheque dated October 15 for the remaining balance to cover payment of interest and repayment of principal.
Use the design shown in Figure to construct a complete repayment schedule including the totaling of the Amount Paid, Interest Paid, and Principal Repaid columns for each of the following loans.
Basic Design of a loan repayment schedule

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Payment Number Balance Before Payment AmountPaid Paid Interest PrincipalBalance After Repaid