ENRICHMENT ACTIVITY 2: Direction: Analyze the given problem below and answer the questions that follow. Show your solutions and write it on a separate sheet of paper. Problem: A loan worth P150,000 is charged with an interest rate of 6% per annum for 3 years. If payment is made annually, how much is the yearly amortization? Construct its amortization schedule by completing the table below. Outstanding Balance Principal Reduction Regular Payment R Interest Payment Payment Number Beginning Principal P 47 116.47 n P 9 000.00 1 P 150 000.00 P 49 943.46 P 52 940.07 P 56 116.47 2 0 P 3 176.40 P 56 116.47 3 P 52 940.07​