a. Complete an amortization schedule for a $43,000 loan to be repaid in equal installments at the end of each of the next three years. The interest rate is 11% compounded annually. Round all answers to the nearest cent Ending Beginning Balance Year Payment Repayment of Principal Interest Balance 1 $ $ $ $ 2 $ $ $ $ 3 $ $ $ $ $ b. What percentage of the payment represents interest and what percentage represents principal for each of the three years? Round all answers to two decimal places % Interest Principal Year 1: % Year 2: Year 3: %