3 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 disbursal1,00,000 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% The above details are exactly same as question 2 but now assume that some loans also get foreclosed and the coincidental foreclosure curve is as follows 123456789101112 Foreclosure Curve - POS4.44%2.58%2.47%2.35%2.32%2.36%2.17%2.22%2.26%2.17%2.33%2.72% How to read the foreclosure curveSuppose at the start of period 2 balance outstanding of the portfolio is 100, then apart from the normal EMI paydown, additional 2.58 will be paid as foreclosure Similarly if at the start of period 5, balance outstanding of the portfolio is 50, then apart from the normal EMI paydown, additional 1.16 (i.e 2.32% * 50) will be paid as foreclosure 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 Balance outstanding at start of periodPayment received (EMI amount)Principal paidInterest paidBalance outstanding at end of period 11,00,000 2 3 4 5 6 7 8 9 10 11 12