Ending Balance (E) Repayment of Principal (D)= (B)-(C) $5000.00 $3681.09 $500.00 $ 818.91 Take Note: 1. 1st payment is the result of your computation for the amount of each installment payment from Activity 1. 2. $ 500 is the computation of simple interest ( 5000 X.10) 3. Repayment of Principal is subtracting interest to payment. 4. Ending balance - Payment is the new ending balance Year Payment (B) $ 1,318.91 012345 Interest (C) Directions: Based on the correct loan amortization of Performance Task #1. 1. What factor on the table does not change its amount? Why do you think it won't change. 2. What is your observation of the Ending balance and the Interest? 3. What happens to the repayment of principal as the years go by? 4. What happens to the ending balance as the years go by? 5. What is the relationship of interest and repayment of principal to the Amount of Payment