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Prepare an amortization schedule for a three - year loan of $ 8 7 , 0 0 0 . The interest rate is 1 0

Prepare an amortization schedule for a three-year loan of $87,000. The interest rate is 10 percent per year, and the loan calls for equal annual payments. How much total interest is paid over the life of the loan?
Note: Leave no cells blank. Enter '0' where necessary. Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16.Prepare an amortization schedule for a three-year loan of $87,000. The interest rate is 10 percent per year, and the loan calls for equal
annual payments. How much total interest is paid over the life of the loan?
Note: Leave no cells blank. Enter '0' where necessary. Do not round intermediate calculations and round your answers to 2
decimal places, e.g.,32.16.
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