1. Assume Campbell took a $300 million loan and the agreement is to amortize it over 10 years. It is paying 4.0% on the loan. Please workout an amortization schedule.

2. As part of the companys strategic plan it plans to purchase a small organic soup company. The company estimates that the total value of the organic store in 15 years will be $50 million, and it can earn 5.5% on its investment. How much will the company need today in order to have $50 million available in 15 years? Assuming the company wants to save money every year instead, how much will it need to invest every year for the next 15 years to have $50 million available in 15 years?