Question: QUESTION 2 ( 2 4 marks ) Yum - Yum Ltd ( Yum - Yum ) is a large food manufacturer with a financial yearend

QUESTION 2(24 marks) Yum-Yum Ltd (Yum- Yum) is a large food manufacturer with a financial yearend of 28 February. Yum-Yum sells various food items to wholesalers and retailers nationwide. After a recent board meeting, the need for a replacement of a portion of Yum-Yum machinery was acknowledged, and the acquisition of replacement machinery was approved. Machine XY15 will be purchased on 1 April 2025 for R586500. To finance this acquisition, a 36-month loan will be obtained. According to the loan agreement, the loan will be subject to an interest rate of 7.5% monthly compounded with equal annual instalments required. REQUIRED: Assist Yum-Yum Ltd by drafting the loan amortisation schedule for the loan to be obtained. (23 marks) Communication Skill: Presentation (1 mark) NB: SHOW ALL THE MANUAL MATHEMATICAL CALCULATIONS FOR ALL OF THE INTERESTS, PRINCIPLES AND BALANCES AND REFERENCE TO CALCULATIONS

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