Probl We instalments include both the interest payable each year calculated at 10% of the current outstanding balance and the repayment of a fraction of the loan. A loan of this type is called an amortised loan. a) What is the amount of each instalment? Make a table for your answers for the following: b) What is the amount of interest included in each instalment? c) How much of the loan is repaid as part of each instalment d) What is the outstanding balance of the loan after each instalment is paid? Hint: below is the table on the outstanding balance: t(years) interest paid($) capital repaid(5) outstanding balance() 0 1000 1 100 302.11 697.88 2 69.78 332.33 365.55 3 3656 365.56 0