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question 33. Construct an amortization schedule for a $1,000, 5% annual rate loan with 3 equal payments. The first payment will be made at the
question 33. Construct an amortization schedule for a $1,000, 5% annual rate loan with 3 equal payments. The first payment will be made at the end of the1st year. Find the required annual payments.
$355.8
$367.2
$388.0
$390.7
question 34. Based on the information from Question 33, what's the ending balance of the amortized loan at the end of the first year?
$0
$349.7
$388.3
$682.8
Question 35
Based on the information from Question 33 and 34, calculate the total amount of interests you should pay for the amortized loan in three years.
$28.8
$55.4
$80.0
$101.6
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