Prepare the first row of a loan amortization schedule based on the following information. The loan amount is for $$42,676$ with an annual interest rate of $04\mathrm{.}00\%.$ The loan will be repaid over $7$ years with monthly payments.

What is the Loan Payment?

What portion of this payment is Interest?

$142\mathrm{.}25$

What portion of this payment is Principal?

What is the Loan balance after first monthly payment?