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On June 15, Julio borrowed $1.090.00 from Sheridan Credit Union at 6.1% per annum calculated on the daily balance. He gave the credit union six

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On June 15, Julio borrowed $1.090.00 from Sheridan Credit Union at 6.1% per annum calculated on the daily balance. He gave the credit union six cheques for $170.00 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. Lindsey borrowed $1004.00 from the Dominion Bank at 8.7% per annum calculated on the monthly unpaid balance. She agreed to repay the loan in blended payments of $218.00 per month. Construct a complete repayment schedule for the loan including totals for Amount Paid, Interest Pald, and Principal Repaid. Complete the repayment schedule below. (Round to the nearest cent as needed.) Balance Before Balance After Payment Number Payment Amount Paid Interest Paid Principal Repaid Payment 0 $1004.00 1 $1004.00 $218.00

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