Check My Work eBook Problem Walk-Through Amortization Schedule Consider a $10,000 loan to be repaid in equal installments at the end of each of the next 5 years. The interest rate is 9% a. Set up an amortization schedule for the loan. Do not round intermediate calculations. Round your answers to the nearest cent. If your answer is zero, enter "O". Year Payment Repayment Interest Repayment of Principal Balance 1 1 2570.9 900 1670.9 8329.1 $ $ 2 2570.9 $ 1821.3 749.6 585.7 6507.83 4522.6 3 2570.9 $ X $ $ 1985.2 $ 4 $ 2570.9 $ 407.0 2163.9 2358.6 X $ $ 5 0 $ 2570.9 212.3 2358.6 Total 12854.6 2854.6 $ 10000 b. How large must each annual payment be if the loan is for $20,000? Assume that the interest rate remains at 9% an that the loan is still paid off over 5 years. Do not round intermediate calculations. Round your answer to the nearest cent. $ 5141.8 C. How large must each payment be if the loan is for $20,000, the interest rate is 9%, and the loan is paid off in equal installments at the end of each of the next 10 years? This loan is for the same amount as the loan in part b, but the payments are spread out over twice as many periods. Do not round intermediate calculations. Round your answer to