You invest $100,000 at 22% for thirty six months. You get paid $1000 every month and the rest accrues. What is amount you will receive at the end?

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(N=360,I=3.5,PV=100,000,FV=0) PMT= -449.04

(N=360,I=8,PMT= -449.04,FV=0) PV=61,197.38

(N=180,I=3,PV=100,000,FV=0) PMT= -690.58

(N=180,I=8,PMT= -690.58,FV=0) PV=72,262.87

Difference in loans = $72,262.87 – $61,197.38 = $11,065.49