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Suppose a fim which wants to purchase a piece of machinery borrows 510,000 to be repaid in five equal payments at the end of each

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Suppose a fim which wants to purchase a piece of machinery borrows 510,000 to be repaid in five equal payments at the end of each of the next 5 years, and the interest rate is 15%, calculate the annual payments associated with the repayment of this debt. Please finish the table below. Please round to 2 decimal places. -The interest portion of the annuity is calculated by multiolvina the outstandina loan balance at the beginning of the year by the interest rate of 15 percont. t Repayment of the principal portion of the annuity was calculated by subtracting the interest portion of the annuity (column 2) from the annuity (column 1). Outstanding loan balance after annuity payment was calculated by subtracting the b from c

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