A manufacturer of towers, rotators, and antennas is seeking to capture the high$-$end market in altazimuth and elevation rotators for

use with large six$-$meter earth$-$moon$-$earth $($EME$)$ stacked antenna arrays. The company takes out a $$50,000$ loan for development of

the rotator and will pay it back in $4$ equal yearly payments; however, the $1^{st}$ payment will not occur until the end of year $3.$ Interest is

$8\%$ per year.

Determine how much for each payment is interest and how much is principal. $($Note: A tabular solution should be used$).$