3. (2+1+1.5 +1.5 = 6 points) A person borrowed $60,000 from a bank at 3% interest compounded monthly for 5 years. a) Find the monthly payment necessary to amortize the loan. b) Find the total amount of interest the person paid to the bank. c) Calculate the unpaid balance after 10 payments. c) Calculate the unpaid balance after 10 payments. d) Complete the following amortization table for the first two payments. Payment Period 0 1 2 Payment Amount 1,078.12 Interest Deduction 930.44 Principal 60,000.00