To start an RTW business, you took a loan of Php 50,000. Your banker loans you the money at a 10% annual interest rate, which you agree to pay back in three equal monthly installments. Construct an amortization schedule for this loan.

P 50000.00

r 10.00%

t 0.42

m 12

n 3

r/m 0.83%

A Payment Schedule 0 1 2 3

Starting Balance 0 50000.00

Amount of Payment 0

Interest of Payment 0

Applied to Principal 0

Ending Balance 50000.00 0