(b) A firm borrows K200,000 and the loan is to be repaid in 3 years in equal payments at the end of each quarter. The lender charges a 48 percent interest rate per annum but payments made quarterly. Prepare an amortisation schedule for this facility. (8 marks) (20 marks) (b) A firm borrows K200,000 and the loan is to be repaid in 3 years in equal payments at the end of each quarter. The lender charges a 48 percent interest rate per annum but payments made quarterly. Prepare an amortisation schedule for this facility. (8 marks) (20 marks)