On April 8, Manuel borrowed $700.00 from his uncle at 5.6% per annum calculated on the daily balance. He gave his uncle six cheques for $110.00 dated the 8th of each of the next six months starting...

(Round to the nearest cent as​ needed.)

Extracted text: On April 8, Manuel borrowed $700.00 from his uncle at 5.6% per annum calculated on the daily balance. He gave his uncle six cheques for $110.00 dated the 8th of each of the next six months starting May 8 and a cheque dated November 8 for the remaining balance to cover payment of interest and repayment of principal. Construct a complete repayment schedule for the loan including totals for Amount Paid, Interest Paid, and Principal Repaid. Complete the repayment schedule below. (Round to the nearest cent as needed.) Payment Number O Apr. 8 1 May 8 Balance Before Payment Amount Paid Interest Paid Principal Repaid Balance After Payment $700.00 $700.00 $110.00 %$4 2 June 8 $110.00 3 July 8 $110.00 $ $1 4 Aug. 8 $110.00 $| $ 5 Sept. 8 $110.00 6 Oct. 8 $110.00 7 Nov. 8 $0.00 Totals: $ 2$4