Posted by **Gibbons** on Tuesday, June 22, 2010 at 2:42am.

Construct a schedule for the amortization of:

(a) a debt of $15,000,000 with interest at 12% by 5 equal annual payments.

(b) a debt of $25,000,000 with interest at 12.5% compounded semi-annually by making 6 equal semi-annual payments.