1. Amortization Schedule. Using the data in Problem 13.3: (a) prepare an amortization schedule for the loan repayment; and (b) explain why the interest is declining over the loan period. 2. Leasing....

1. Amortization Schedule. Using the data in Problem 13.3: (a) prepare an amortization schedule for the loan repayment; and (b) explain why the interest is declining over the loan period.

2. Leasing. What are the advantages and disadvantages of leasing?