A loan of $$8850$ is repaid by equal payment of $$824\mathrm{.}06$ made at the end of every three months for $3$ years. If interest is $7\%$ compounded quarterly $,$Create

partial amortization schedule for first four payments: $($ Round values up to two d$.$p$.)$A loan of $$8850$ is repaid by equal payment of $$824\mathrm{.}06$ made at the end of every three months for $3$ years. If interest is $7\%$ compounded quarterly $,$Create partial amortization schedule for first four payments: $($ Round values up to two d$.$p$.)$

Payment # Amount Paid Interest Paid $($i$=0\mathrm{.}0175)$ Principal Paid Outstanding Balance

$08850$

$1824\mathrm{.}06$

$2824\mathrm{.}06$

$3824\mathrm{.}06$

$4824\mathrm{.}06$