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ebook a. Complete an amortization schedule for a $43,000 loan to be repaid in equal installments at the end of each of the next three

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ebook a. Complete an amortization schedule for a $43,000 loan to be repaid in equal installments at the end of each of the next three years. The interest rate is 8% compounded annually. If an amount is zero, enter "O". Do not round Intermediate calculations, Round your answers to the nearest cent, Beginning Repayment Ending Balance Payment Interest of Principal Balance $ $ 1 2 What percentage of the payment represents interest and what percentage represents principal for each of the three years? Do not round intermediate calculations. Round your answers to two decimal places interest Principal We Year 1 Year 21 Year 3

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