Chapter 18 Take Home Packet Solve ALL problems with a financial calculator (NO annuity formulas) - SHOW ALL WORK!! Using your financial calculator to find the monthly payments, manually build a partial repayment schedule for each loan situation shown below. Show your work! 1. Compare three amortization terms for a given loan 1a. Loan repayment schedule -- $250,000 @ 7.0% with a 30 year amortization PMT # Monthly Payment Interest Portion Principal Reduction Loan Balance $250,000.00 1 2 N= i/y= PV- PMT- FV- 1b. Loan Repayment schedule - $250,000 @ 7.0% with a 15 year amortization PMT # Monthly Payment Interest Portion Principal Reduction Loan Balance $250,000.00 1 2 N= i/y= PV= PMT= FV= 1c. Loan Repayment Schedule -- $250,000 @ 7.0% with interest only payments PMT # Loan Balance Monthly Payment Interest Portion Principal Reduction $250,000.00 1 2 N- V/v PV- PMT= FV