Prepare a amortization schedule for a five-year loan of $36,000.The interest rate is 9% per year, and the loan calls for equal annual payments.(Do not round intermediate calculations. Enter all amount as positive value. Round the final answers to 2 decimal places. Leave no cells blank - be certain to enter "0" wherever required.)

YearBeginning

BalanceTotal

PaymentInterest

PaymentPrincipal

PaymentEnding

Balance1$$$$$2345

How much interest is paid in the third year?(Do not round intermediate calculations. Round the final answer to 2 decimal places.)

Interest paid$

How much total interest is paid over the life of the loan?(Do not round intermediate calculations. Round the final answer to 2 decimal places.)

Total interest$