Consider a $4-$year amortizing loan. You borrow $$1,900$ initially and repay it in four equal annual year$-$end payments.

a$.$ If the interest rate is $8\%,$ what is the annual payment?

Note: Do not round intermediate calculations. Round your answer to $2$ decimal places.

Annual payment

b$.$ Prepare an amortization schedule.

Note: Do not round intermediate calculations. Round your answers to $2$ decimal places. Leave no cells blank $-$ be certain to

enter $"0"$ wherever required.