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Question 7 3 pts Based on the Year 1 line from the following amortization schedule, what is the principle paid in Year 2 and interest

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Question 7 3 pts Based on the Year 1 line from the following amortization schedule, what is the principle paid in Year 2 and interest paid in Year 3? Hint: figure out the interest rate first Year Beginning Balance Total Annual Payment Principal Interest Paid Paid Ending Balance 1 $10,000 $3,672.09 $500.00 $3,172.09 $6,827.91 2 3 $3.330.69: $174.86 $3.172.09: $341.40 O $3,330.69: $341.40 $3,672.09: $174.86 $3,672.09: $500.00

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