Question: 6.(30 Points) Construct an anortization schedule for a $100, 4 nominal rate loan with 8 guarters equal payments. Use two decimal digit. Find quarterly payment:

6.(30 Points) Construct an anortization schedule for a $100, 4 nominal rate loan with 8 guarters equal payments. Use two decimal digit. Find quarterly payment: a. b. Find periodic rate. c. Find inte rest payment for first quarter. d. Find principal pa yment for first quarter: e. Find ending balance for first quarter. f. Find total quarterly payment. g. Find total interest payment. h. Fill out blank cells. Beginning Balance Principal Ending Balance Quarter Quarterly Interest Payment Payment Payment 2 Total

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