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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 15, Julio borrowed $1,070.00 from Sheridan Credit Union at 7.2% per annum calculated on the daily balance. He gave the credit union six cheques for $160.00 dated the 15th of each of the next six months starting July 15 and a cheque dated January 15 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.)
\table[[\table[[Payment Number],[0 June 15]],Balance Before Payment,Amount Paid,Interest Paid,Principal Repaid,\table[[Balance After Payment],[q,$1,070.00
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