Prepare an amortization schedule for a five-year loan of $65,000. The interest rate is 7 percent per year, and the loan calls for equal annual payments. (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) Beginning Balance:

Total Payment:

Interest Payment:

Principal Payment:

Ending Balance:

For years: 1 2 3 4 5 I need that information for each year! thanks!