2 Instead of 1 loan been disbursed, assumed a portfolio of loans been disbursed with % distribution of tenure (on amount), interest rate and overall disbursal as follows : Overall portfolio disbursal100,000 Annualized Interest rate15% Monthly interest rate1.25% Assume all loans are disbursed at the above interest rate only, interest is applied monthly on declining balance method (same as in question 1) Tenure %Distribution 15.00% 25.00% 310.00% 42.00% 55.00% 625.00% 72.00% 82.00% 915.00% 102.00% 112.00% 1225.00% Answer the following question (complete the empty table) 1what will be the balance outstanding of the whole portfolio at the end of every month 2What is the payment received every month 3What is the principal paid and interest paid every month