Instead of 1 loan been disbursed, assumed a portfolio of loans been disbursed with % distribution of tenure (on amount), interest rate and overall disbursal as follows : Overall portfolio disbursal 100,000 Annualized Interest rate 15% Monthly interest rate 1.25% Assume all loans are disbursed at the above interest rate only, interest is applied monthly on declining balance method (same as in question 1) Tenure % Distribution 1 5.00% 2 5.00% 3 10.00% 4 2.00% 5 5.00% 6 25.00% 7 2.00% 8 2.00% 9 15.00% 10 2.00% 11 2.00% 12 25.00% Answer the following question (complete the empty table) what will be the balance outstanding of the whole portfolio at the end of every month 2. What is the payment received every month 3. What is the principal paid and interest paid every month Balance outstanding at start of period Payment received (EMI amount) Principal paid Interest paid Balance outstanding at end of period 1 100,000 2 3 4 5 6 7 8 9 10 11 12