1. Loan Amurtiution (10 palsts) Loens thar are repwid in equal itatalments are known as amortizing loanc. Amoriaing louns are annuities The following eumple solves for the answal payment cen an s-year lean at 10% interet rate: Read the table carefully and answer the questiens : a. According to the table, How much annuity has the borrower pay to the I cader? b. During the Sth year, an intered amount of 55,94 is calculated. Write the formula for calculation of simple interest rate! c. Show the necessary amounts of calculation parameters on your formula for the year 51 Simple interest Formula with calculation parameters: d. In how many years is the Loan repayed and closed out completely ? e. How much principle amount of eutstanding Loan is repayed at the end of year 2