Since you were $10$ years old, you have always wanted to start a Bakery business. In $2023$

you recognise a Bakery that has been put on sale. The Bakery is currently doing very well,

and you wish to buy it$.$ The Bakery will cost you R$5000000.$ The bank has agreed to loan

you this amount at an interest of $12\%$ per annum over a period of $15$ years. Determine the

following:

i$.$ The size annual payment

ii$.$ Construct an amortization table$/$schedule showing $5$ years.

You should round all the amounts to two decimals