Question: MODULE 9 #4 Anyone can help me out here ? Scotiabank approvod a $300,00000 lne of crodit for Buhlor Industries at prime + 0.75%. It

MODULE 9 #4

Anyone can help me out here ?

Scotiabank approvod a $300,00000 lne of crodit for Buhlor Industries at prime + 0.75%. It requires anly the repayment of accrood interest on the 27 th of each month. which is automatically doductod from the checking acoount of Buhlor Industries. Buhler took out an advance on Docember 4 for $235,000 00 and made a payrnent of $170,000.00 on January 13 . The prime rate was 6% initially and incroasod to 7% on January 7 Complete the repayment schedule below by fitting in the payment and principal aemounts

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