A woman borrows $7000 at 12% compounded monthly, which is to be amortized over 3 yoars in equal monthly payments. For tax purposes, she needs to know the amount of interest paid during each year of the loan. Find the interest poid during the first yoar, the second year, and the third year of the loan. fHint. Find the unpaid balance after 12 payments and affer 24 payments. The interest paid during the first year is $ (Round to the nearest cent as needed.)