Now it's time for you to practice what you've learned.

Suppose Rina receives a $$30,000\mathrm{.}00$ loan to be repaid in equal installments at the end of each of the next $3$ years. The interest rate is $7\%$ compounded annually.

Complete the following amortization schedule by calculating the payment, interest, repayment of principal, and ending balance for each year.

$\backslash$table$[[$Year$,$Beginning Amount,Payment,Interest,Repayment of Principal,Ending Balance$],[1,$$$30,000\mathrm{.}00,$grad,grad,,grad