Loan amortization schedule Personal Finance Problem Joan Messineo bonowed $43,000 af a 4% annal fate of interest to be ropad ovor 3 yews. The lasn is amortized into three equal, arnual, end-of-yoar paryments. a. Calculate the arnual, end-ol yoar loan payment b. Prepare a loan amonization schedule showing the inesest and pencipal breakdown of each of the three loan payments. c. Explain why the interest portion of each poyment declines with the passage of time. a. The amount of the equal, annual, endof-year loan payment is : (Round to the nearest cent)