AZUL W.L.L borrows $350,000 loan to buy a new equipment from USA. The company agrees to make semi-annual payments for 5 years at 12%. Find the amount of the semi-annual payment. Construct an...

AZUL W.L.L borrows $350,000 loan to buy a new equipment from USA. The company agrees to make semi-annual payments for 5 years at 12%. Find the amount of the semi-annual payment. Construct an amortization schedule for the
first three payments only
.

A city issues $1,000,000 worth of bonds to raise capital to improve its sewage treatment system. What semi-annual deposits must be made into a sinking fund earning interest at 8%, m=2 to redeem the bonds at the end of 15 years? Construct a sinking fund schedule for the
first three payment period only.