3. Bid issued a $40,000, six percent, five-year note for the purchase of a new SUV. Prepare an amortization schedule for the first three months if the monthly payment was $773. Balance 40,000 n/% 4 10.9615 2 0.9246 3 0.8890 4 0.8548 50.8219 Present Value of $1 6 0.9524 0.9434 0.9070 0.8900 0.8638 0.8396 0.8227 0,7921 0.7835 0.7473 0.9346 0.8734 0.8163 0.7629 0.7130 Present Value of an Annuity of $1 n/% 4 5 6 7 1 0.9615 0.9524 0.9434 0.9346 2 1.8861 1.8594 1.8334 1.8080 3 2.7751 2.7232 2.6730 2.6243 4 3.6299 3,5460 3.4651 3.3872 5 4.4518 4.3295 4.2124 4.1002