John borrows Kshs 3,000,000 from a bank and promises to repay this money over the next 5 years by making level payments at the end of each year. His annual effective rate of interest of between 8% to 10% Required Using Any rate of interest from the range given; Create Mike's amortization schedule. (4 marks) Using the rate of interest selected in part create Mike's Sinking find Schedule (4 marks) Show that repayment methods ) and (d) above are equivalent (2 mark)