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Prepare an amortization schedule for a three-year loan of $81,000. The interest rate is 8 percent per year, and the loan calls for equal annual

Prepare an amortization schedule for a three-year loan of $81,000. The interest rate is 8 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 ' O ' where necessary. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16 . Year {:[" inning "],[" ance "]:} {:[" Total "],[" Payment "]:} {:[" Interest "],[" Payment "]:} {:[" Principal "],[" Payment "]:} {:[" Ending "],[" Balance "]:} 1 $ 81,000.00 2 3 Total interest

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