Mortization Schedule, business and finance homework help

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Mortization Schedule, business and finance homework help

Here is the question I have.  Can someone help me with it?

1.  ICS plans on expanding their plant and will fund $2,000,000. Part of the funding will come from cash, but the balance of $775,000 will be financed. The interest rate will be 5% and ICS plans on borrowing the funds for 4 years. Prepare a loan amortization schedule for the 4 years with 5% interest for the $775,000 and assume making one payment per year. Show the schedule.

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