SK.estate: LISA's $300k expected repayment sch+$

ORG AGREEMENT

$50k at 5%

$250k at 3% 

Interest paid annually in the beginning of each year, Jan-1st

UPON SK's DEATH, payment sch as follows:

$300k

9/2015: $50k + 9/12*5% interest  
-completed $51,667 check [should be $51,875] & distributed 1/3 each 

$250k

1/1/2016: 3% Interest on $250k [should be $7,500]
-completed $7.5k check & distributed 1/3 each 

7/1/2016: $50k + 7/12*3%of 50k  [should be $50,875]

-completed distributed 1/3 each 

$200k

1/1/2017: 3% interest on $200k  [should be $6000]
- 

7/1/2017: $200k + 7/12 x 3% of $200k  [should be $203,000]
-