next kane io. Next yest 1 an must. 3. What is the dolar amount of esch payment 2an receves? Round yout snswar to the nearat cent i b. How madt nteriest wak ntluded in the first payment? Round your answer to the fearrst cent. 5 5 Hom do these vitint change for thet second payment? c. How much intelest must Jan report on Scheduse B for the fitst year? Do not round intermedate calculatians. Round your answer to the nearest cent, Will her interest income be thes sarne next year? the chango over tene? ince the intetest charpe, increasts and the repayment of primopal increases. ince the interest diarge, declies and the repayment of aricipal increases nce the interest charoe, feclines ind the repayritint of princoal dedes. ince the kiterest charge, ncicases and the repaynent of prvicipal decinest. d. If the payments are constant, why does the amount of interest income change over time? 1. As the toain is amortued (paid off), the beganning batance, hence the interest chargc, increases and the repayment af pincipal increasess II. As the lan is amortized (paid off), the begrning balance, hence the interest charge, decines and the repayment of prinapal incrialses III A= the kan is ameitized (paid off), the beginking balance, hence the interest charge, declines and the repayment of pekcical dedere