Question: please fill out as an excel format, thank you! 6. Suppose you borrow $10,000 at 8% for 3 years on a semi-annual payment schedule. How

please fill out as an excel format, thank you!

6. Suppose you borrow $10,000 at 8% for 3 years on a semi-annual payment schedule. How much interest will you pay over the life of the loan under Discount Loan, Interest Only Loan and Amortized Loan if the loan requires the semi-annual payment? Please also prepare the amortization table for this loan (amortized loan only) for the semi-annual payment. (10 points)

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