\begin{tabular}{|l|l|l|} \hline Q11) Prepare the first row of a loan amortization schedule based on the & & \\ following information. The loan amount is for $48,990.00 with an annual \\ interest rate of 15.52%. The loan will be repaid over 8.0 years with monthly \\ payments. & & \\ \hline a) Loan payment (1 point) & & \\ \hline b) Interest portion (1 point) & & \\ \hline c) Principle portion (1 point) & \\ \hline d) Loan balance after first monthly payment (1 point) & \\ \hline \end{tabular}