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Carla borrowed $1002.00 from the Merchant Bank at 8.4% per annum calculated on the monthly unpaid balance. She agreed to repay the loan in

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Carla borrowed $1002.00 from the Merchant Bank at 8.4% per annum calculated on the monthly unpaid balance. She agreed to repay the loan in blended payments of $220.00 per month. Construct a complete repayment schedule for the loan including totals f Amount Paid, Interest Paid, and Principal Repaid. Complete the repayment schedule below. (Round to the nearest cent as needed.) Payment Number Balance Before Payment 0 1 $1002.00 2 $ 3 $ 4 $ 5 Totals: Amount Paid Interest Paid $220.00 $220.00 $ $ $220.00 $ $ $220.00 $ $ $ Principal Repaid Balance After Payment $1002.00 $ $ $0.00

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