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3. (4 pts) Set XYZ as the last three digits of your student number. Construct an amortization schedule for a XYZ,000 loan repaid in ten
3. (4 pts) Set XYZ as the last three digits of your student number. Construct an amortization schedule for a XYZ,000 loan repaid in ten annual payments, in which the annual effective rate of interest is 5%. 4. (4 pts) Construct a sinking fund schedule for item 3. The annual effective rate of interest is 5% for the loan and sinking fund. CS Scanned with CamScanner
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