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8.00 points Problem 5-55 Amortization with Equal Payments [LO 3] Prepare an amortization schedule for a three-year loan of $72.000. The interest rate is 9
8.00 points Problem 5-55 Amortization with Equal Payments [LO 3] Prepare an amortization schedule for a three-year loan of $72.000. The interest rate is 9 percent per year, and the loan calts for equal annual payments. How much total interest is paid over the life of the loan? (Leave no cells blank. Enter 0' where necessary. Do not round intermediate calculations and round your answers to 2 decimal places e.g, 32.16.) YearBeginning Principal Payment Payment Payment Total interest References
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