Tumi Sharon Olorunfemi

Gayle has a HELOC with MCAP Financial Corporation at an interest rate of prime $+2\mathrm{.}25\%.$ Her current balance owing on November $1$ is $$14,000\mathrm{.}00$ and she is required to make interest$-$only payments on the first of every month. The prime rate is set at $3\mathrm{.}75\%.$ She makes one payment of $$2,000\mathrm{.}00$ on January $19.$ Create three months of her repayment schedule.

$($Round all monetary values to the nearest penny.$)$

$($Use a minus sign before the dollar sign to denote a negative monetary value. For example, $"$ $$149\mathrm{.}63".)$

$($Give all "Number of Days" quantities as fractions with denominator $365.)$

$\backslash$table$[[$Date$,\backslash$table$[[$Balance$],[$before$],[$Transaction$]],\backslash$table$[[$Annual$],[$Interest$],[$Rate$]],\backslash$table$[[$Number$],[$of Days$]],\backslash$table$[[$Interest$],[$Charged$]],\backslash$table$[[$Pccrued$],[$Interest$],[(+)$ or$],[$Advance$],[(-)$