a. Complete an amortization schedule for a $30,000 loan to be repaid in equal installments at the end of each of the next three years. The interest rate is 11% compounded annually. If an amount is zero, enter " 0, Do not round intermediate calculations. Round your answers to the nearest cent: b. What percentage of the payment represents interest and what percentoge represents principal for each of the three years? Do not round intermediate calculations. Round your answers to two decimal pisces. why oo these percentages crange over tumer 1. These percentages change over time becouse even though the total payment is constant the amount of interest paid each year is declining as the remaining or outstanding belance decines. If. These percentages change over time because even though the total payment is constant the amount of interest paid each year is increasing as the remaining or outstanding balance deciries. II. These percentages change over time becouse even though the total payment is constant the amount of interest paid each vear is declining as the remaining or outstanding bulance increases. IV. These percentoges change over time because even though the total payment is constant the amount of interest paid each year is increasing as the remaining or cutstanding balance increases: V. These percentages do not change over time; interest and principel are each a constant percentage of the total payment