Sharon borrowed $1051.00 from the Merchant Bank at 7.9% per annum calculated on the monthly unpaid balance. She agreed to repay the loan in blended payments of $219.00 per month. Construct a complete repayment schedule for the loan including totals for Amount Paid, Interest Principal Repaid. Paid, and 5 The balance after payment for a month is found by subtracting the principal repaid for the month from the previous balance after payment