A design studio received a loan of $9,850 at 4.50% compounded monthly to purchase a camera. If they settled the loan in 3 years by making monthly payments, construct the amortization schedule for the loan and answer the following questions. a. What was the payment size? $0.00 Round to the nearest cent b. What was the size of the interest portion on the first payment? $0.00 Round to the nearest cent c. What was the balance of the loan at end of the first year? $0.00 Round to the nearest cent