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ent-Blackboard https// cdn.com/4700040300 Connect Ch 2 M10-20 Supplement 100 ng An MO Connect Ch.10 6 Help Save & Exit Su Check my we Access an
ent-Blackboard https// cdn.com/4700040300 Connect Ch 2 M10-20 Supplement 100 ng An MO Connect Ch.10 6 Help Save & Exit Su Check my we Access an online loan calculator with annual payments, such as the one at mycalculators.com, to produce an amortization schedule for Welton Corp's installment note that has original principal of $22.000, interest of 9 percent compounded annually, and a term of 3 years. (a) What is the annual payment? (b) of this amount, how much represents interest in year 17 (c) How much principal is included in the year 1 payment? (d) How much interest is included in the year 2 payment? (Do not round Intermediate calculations. Round your answers to the nearest whole dollar amount.) points (a) (b) c) (d) Annual payment Interest year 1 Principal year 1 Interest year 2 lej Over time, has the interest become a smaller or larger component of the annual payment? OSmaller Larger
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