Jim London has taken a $150,000 mortgage on his warehouse at an interest rate of 8.5% per year. If the mortgage calls for five equal annual (end of the year) payments, what is the amount of each payment? (a) Develop a loan amortization schedule (use the table format shown below) (b) What is total amount of interest paid for the life of the mortgage? Beginning Balance Annual Payment Interest | Principal Paid Paid Ending Balance Year Totals XXXXXXXXXX XXXXXXX