5.In an amortization schedule for a six-year loan with equal annual payments, ____.(Points : 3)

the amount of interest paid increases each year exactly half of the loan would be repaid at the end of year three the amount of principal repaid increases each year the principal repayment stays the same

Question 6.6.If you put $1,020 in a savings account at the end of each year for 30 years, how much money will be in the account at the end of the 30th year? Assume that the account earns 5% and round to the nearest $100.(Points : 3)

$66,400 $64,600 $67,800 $71,200