NOTE: ANSWERS MUST BE DIGITALIZED NOT HANDWRITTEN BECAUSE I AM HAVING A HARD TIME SEEING MESSY HANDWRITING

*SHOW THE COMPLETE SOLUTION

TASK:

You are a financial officer in a bank. Your task is to construct a table for payments of a specific loan. Your loan will start at 50,000 to 100,000 with an interval of 10,000. You should include the interest you want to get and the compounding period in your report. You should also indicate the series of equal payments for 6 months, 12 months, 18 months, 24 months, 36 months, and 48 months. Your table should be similar but not limited to the table below.