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7) You borrowed $6,000 from the Estonian Airline Credit Union at 15% p.a. calculated on the monthlyunpaid balance. You agreed to repay the loan in
7) You borrowed $6,000 from the Estonian Airline Credit Union at 15% p.a. calculated on the monthlyunpaid balance. You agreed to repay the loan in olended payments of $2,000 per month and one fina payment in 4 months. The blended payments would nclude interest and principal repaid in the payment. Using the following table, complete a repayment schedule for the loan: (4 marks)
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