Scotiabank approved a $250,000.00 line of credit for Buhler Industries at prime + 1.25%. It requires only the repayment of accrued interest on the 25th of each month, which is automatically deducted from the checking account of Buhler Industries. Buhler took out an advance on December 16 for $180,000.00 and made a payment of $125,000.00 on January 12. The prime rate was 5.5% initially and increased to 6.5% on January 4. Complete the repayment schedule below by filling in the payment and principal amounts. Date Balance Annual before Interest Transaction Rate Number Interest Accrued of Days Charged Interest Payment (+) or Advance H Principal Amount Balance after Transaction Dec 16 $180,000.00 Dec 25 $180,000.00 Jan 4 $180,000.00 Jan 12 $180,000.00 Jan 25 $55,000.00 7.75% 6.75% 9/365 $299.59 $299.59 $180,000.00 6.75% 10/365 7.75% 8/365 13/365 $332.88 $332.88 $305.75 $638.63 $151.82 $180,000.00 $55,000.00 $790.45 $55,000.00 Note: You can earn partial credit on this problem. Preview My Answers Submit Answers You have attempted this problem 0 times. You have 5 attempts left before new version will be requested. You have unlimited attempts remaining