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-17 Irene borrowed a loan of $1,000,000 at an interest rate of 5% amorti 30 years by annual payments. The first 15 payments were made
-17 Irene borrowed a loan of $1,000,000 at an interest rate of 5% amorti 30 years by annual payments. The first 15 payments were made but the next 3 were defaulted. A new agreement was then made to amortized over ce made on time n made to pay the 175 w Costs of Borrowing remaining obligatio being made 1 year a obligation in 12 equal annual payments at 6%, the first payment 1 year after the 3rd defaulted payment. Calculate the amount of the princip e principal repaid in the oth rescheduled payme
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