Question: On May 1 5 , Julio borrowed $ 9 7 0 . 0 0 from Sheridan Credit Union at 7 . 2 % per annum
On May Julio borrowed $ from Sheridan Credit Union at per annum calculated on the daily balance. He gave the credit union six cheques for $ dated the th of each of the next six months starting June and a cheque dated December for the remaining balance to cover payment of interest and repayment of principal. Construct a complete repayment schedule for the loan including totals for Amount Paid, Interest Paid, and Principal Repaid.Question content area bottomPart Complete the repayment schedule below. Round to the nearest cent as needed.Part Payment NumberBalance Before PaymentAmount PaidInterest PaidPrincipal RepaidBalance After PaymentMay $June $$$$$July $enter your response here$$enter your response here$enter your response here$enter your response here
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