Michelle borrowed $1037.00 from the Merchant Bank at 8.5% per annum calculated on the monthly unpaid balance. She agreed to repay the loan in blended payments of $219.00 per month.Construct a complete repayment schedule for the loan including totals for amount paid,interest paid,and principal repaid.

Payment Number Balance before payment Interest paid Principal Repaid Balance after payment

$1037.00

0 _________ _________

1 $1037.00

Complete the repayment schedule above