Suppose that you need an amount of money which equals to $1.000.000 two years latetr. It is possible to find it from bank A at an annual interest rate of 20 percent under 18 equal payment. If the first payment will be 1 month later the day you used the loan

a. Find the equal payments

b. Prepare the amortization table

c. Find the total interest payments at the end of 12th period.

d. Find the total principal payments at the end of 15th peroid.

e. Find the total payment at the end of 18th period.