Loan amortization schedule Personal Finance Problem Joan Messineo borrowed $43,000 at a 5% annual rate of interest to be repaid over 3 years_ The loan is amaortized into three equal, annual, end-of-year payments. a. Calculate the annual, end-of-year loan payment. b. Prepare a loan amortization schedule showing the interest and principal breakdown of each of the three loan payments. <. explain why the interest portion of each payment declines with passage time. s a amount equal annual end-of-year loan is sd. to nearest cent.>