5. A loan of 10,000 is repayable by a level annuity payable half-yearly in arrear for three years and calculated on the basis of an interest rate of 10% per annum effective. Construct the lender's schedule showing the subdivision of each payment into capital and interest and the loan outstanding after each repayment.

5. A loan of 10,000 is repayable by a level annuity payable half-yearly in arrear for three years and calculated on the basis of an interest rate of 10% per annum effective. Construct the lender's schedule showing the subdivision of each payment into capital and interest and the loan outstanding after each repayment. [23]