Q7 On February 15. Mr. A borrows $1000 on a demand loan (repayments are only principal component) from his bank. Interest is paid at the end of each quarter (March 31, June 30 ) and at the time of the last payment. Interest is calculated at the rate of 10% on the balance of the loan outstanding. Mr. A repaid the loan with the following payments: Calculate the interest payments required till June 30