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Michelle borrowed 51010.00 from the Merchant Bank af 7.1% per annum calculated on the monthly unpaid balance. She agreed to repay the loan in blended

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Michelle borrowed 51010.00 from the Merchant Bank af 7.1% per annum calculated on the monthly unpaid balance. She agreed to repay the loan in blended payments of $220.00 per month construct a complete repayment schedule for the loan induding totals for Amount Paid, Interest Paid, and Principal Repaid Complete the repayment schedule below. (Round to the nearest contas nooded.) Payment Number Balance Before Payment Amount Paid Interest Paid Principal Repaid Balance After Payment 51010.00 $1010.00 $220.00 A 000 > >

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