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On June 1 5 , Julio borrowed $ 1 , 0 7 0 . 0 0 from Sheridan Credit Union at 7 . 2 %
On June Julio borrowed $ from Sheridan Credit Union at per annum calculated on the daily balance. He gave the credit union six cheques for $ dated the th of each of the next six months starting July and a cheque dated January for the remaining balance to cover payment of interest and repayment of principal. Construct a complete repayment schedule for the loan including totals for Amount Paid, Interest Paid, and Principal Repaid.
Complete the repayment schedule below. Round to the nearest cent as needed.
tabletablePayment Number June Balance Before Payment,Amount Paid,Interest Paid,Principal Repaid,tableBalance After Payment$
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