Loan interest For the loan amount, interest rate, annual payment, and loan torm shown in the following table, calculate the annual interest paid each year over the term of the loan, assuming that the payments are made at the end of each year. Amount Interest rate Annual payment Term $24,000 13% $8,068.66 4 years The portion of the payment that is applied to interest in year 1 is $ 3120,0. (Round to the nearest cent) The portion of the payment that is applied to interest in year 2 is $ 2476.7. (Round to the nearest cent) The portion of the payment that is applied to interest in year 3 is $ (Round to the nearest cent)