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pleases can u help me In order to build a new warehouse, Valco Valves borrowed $1.6 million at an interest rate of 10% per year.

pleases can u help me

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In order to build a new warehouse, Valco Valves borrowed $1.6 million at an interest rate of 10% per year. Create a table similar to the one we used in the class notes that shows the amount of interest they owe each year and the total amount (principal plus interest) they owe at the end of each year through the end of Year 4. Assume the terms of the loan call for simple interest. Repeat the previous problem assuming compound interest

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