Question: 6. Consider the following (incomplete) sinking fund schedule (table). Note that there is no payment at t = 2. You MUST show your work

6. Consider the following (incomplete) sinking fund schedule (table). Note that there

6. Consider the following (incomplete) sinking fund schedule (table). Note that there is no payment at t = 2. You MUST show your work to answer each of the two parts of this problem. Time Interest Sinking Interest S.F. Bal. Net Balance Deposit on Loan $0 in on Fund on After Loan Deposit S0 Years S.F. S0 SO $2,000 $100 S700 3 $795 $35.44 $0 (a) (8 points) Find the net balance on loan at t 3. (b) (7 points] Find the sinking fund deposit at t= 4.

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