Prepare an amortization schedule for a five-year loan of $71,000. The interest rate is 7 percent per year, and the loan calls for equal annual payments. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Leave no cells blank - be certain to enter "O" wherever required.) Beginning Balance Total Payment Interest Payment Ending Payment ear How much interest is paid in the third year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) Interest paid How much total interest is paid over the life of the loan? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g, 32.16.) Total interest paid References eBook &Resources Qu 17 (A