A loan is repaid with 20 annual payments of 1000 with the first payment one year from now. The interest rate is 6%. Find the loan balance after the 15th payment using: (a) prospective method (b) retrospective method A loan of 4,724.80 is repaid in annual payments of 1000, 1500 and 3000 with the first payment one year from now. The interest rate is 5% for year 1, 10% for year 2 and 5% for year 3. Build the amortization schedule for this loan. A loan is repaid with 20 annual payments of 1000 with the first payment one year from now. The interest rate is 6%. Find the loan balance after the 15th payment using: (a) prospective method (b) retrospective method A loan of 4,724.80 is repaid in annual payments of 1000, 1500 and 3000 with the first payment one year from now. The interest rate is 5% for year 1, 10% for year 2 and 5% for year 3. Build the amortization schedule for this loan