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On January 1, 2024, Oriole Corp. borrows $20,500 by signing a 3 -year, 5% note payable. The note is repayable in three annual blended payments

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On January 1, 2024, Oriole Corp. borrows $20,500 by signing a 3 -year, 5% note payable. The note is repayable in three annual blended payments of $7,528 on December 31 of each year. (a) Prepare an instalment payment schedule for the note. (Round answers to O decimal places, e. ,5,276 )

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