PLEASE ROUND AS DIRECTED I REALLY NEED A GOOD Grade on it to pass the class!! THANK YOU!!

5 6 7 8 9 10 11 12 13 14 15 16 2 points Each Answer (10 Points Total) Q1) Prepare the first row of a loan amortization schedule based on the following information. The loan amount is for $41,898 with an annual interest rate of 06.00%. The loan will be repaid over 36 years with monthly payments. a) What is the Loan Payment? b) What portion of this payment is Interest? c) What portion of this payment is Principal? d) What is the Loan balance after first monthly payment? Q2) What is the most you would be willing to pay for a investment that will pay you $814 in one year, $347, in two years, and $753 in three years, if your required rate of return for this type of investment is 23.00% ? Enter Answers Correct Answers Below Below FIRST NAME LAST NAME INSTRUCTIONS When inputting an answer, round your answer to the nearest 2 decimal places. If you need to use a calculated number for further calculations, DO NOT round until after all calculations have been completed. For the final answer, Round to 2 decimal places