Question: Set up an amortization schedule for a Rs 100,000 loan to be repaid in equal installments at the end of each of the next 5

Set up an amortization schedule for a Rs 100,000 loan to be repaid in equal installments at the end of each of the next 5 years. The interest rate is 10% compounded annually. b. What percentage of the payment represents interest and what percentage represent principal for each of the 5 years? Why do these percentages change over time?

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