Lynne has access to a HELOC that requires only the payment of accrued interest on the first of every month. On March 1, the opening balance on her HELOC was $15,000.00. She took advances of $8,000.00 and $12,000.00 on March 18 and May 4, respectively. She made additional payments of $6,000.00 and $11,000.00 on April 13 and June 21. The interest rate on her HELOC sits at prime plus 2%. On March 1, the prime rate was 3%. On April 22, it rose by 0.5%. Complete the repayment schedule below by filling in the appropriate numbers of days. (Give all "Number of Days" quantities as fractions with denominator 365.) Date Mar 1 Mar 18 Apr 1 Apr 13 Apr 22 May 1 May 4 Jun 1 Jun 21 Jul 1 Balance before Transaction Annual Interest Rate $15,000.00 $23,000.00 $23,000.00 $17,000.00 5% $17,000.00 5.5% $17,000.00 5.5% $29,000.00 5.5% $29,000.00 5.5% $18,000.00 5.5% 5% 5% 5% Number Interest Accrued of Days Charged Interest Payment (+) or Advance (-) Principal Amount $34.93 $34.93 -$8,000.00 -$8,000.00 $79.04 $44.11 $79.04 $0.00 $6,000.00 $20.96 $58.77 $0.00 $37.81 $37.81 $6,000.00 $0.00 $81.82 $7.68 -$12,000.00 -$12,000.00 $0.00 $23.05 $81.82 $7.68 $122.36 $130.04 $130.04 $0.00 $87.40 $87.40 $11,000.00 $11,000.00 $0.00 $27.12 $114.52 $114.52 Balance after Transaction $15,000.00 $23,000.00 $23,000.00 $17,000.00 $17,000.00 $17,000.00 $29,000.00 $29,000.00 $18,000.00 $18,000.00

Lynne has access to a HEL.OC that requires only the payment of accrued interest on the first of every month. On March 1, the opening batance on her HELOC was $15,000.00. She took advances of $8,000,00 and $12,000,00 on March 18 and May4, rospectively. She made additionat payments of $6,000,00 and $11,000,00 on April 13 and June 21. The interest rate on her HELOC sits at prime plus 2\%. On March 1, the prime rate was 3%. On Apri 22 , it rose by 0.5%. Complete the repayment schedule below by filling in the appropriate numbers of days (Give all "Number of Days" quantities as fractions with denominator 365 )