Mr Faris Abdullah borrowed RM 250,000 at a 5% annual rate of interest to be repaid over 6 -year. The loan is amortized into 6 equal annual end-of-year payments. Calculate the annual, end-of-year payment and prepare a loan amortization schedule showing the interest and principal breakdown of each of the SIX (6) loan payments. HINT: FIND PMT - USE PVA FORMULA. THEN CONSTRUCT AMMORTIZE LOAN TABLE Mr Faris Abdullah borrowed RM 250,000 at a 5% annual rate of interest to be repaid over 6 -year. The loan is amortized into 6 equal annual end-of-year payments. Calculate the annual, end-of-year payment and prepare a loan amortization schedule showing the interest and principal breakdown of each of the SIX (6) loan payments. HINT: FIND PMT - USE PVA FORMULA. THEN CONSTRUCT AMMORTIZE LOAN TABLE