You are trying to create an amortization table for a 5-year loan. Year 1 is provided below (with the beginning balance filled out.) The interest rate on the loan is 7%. You will use this information for the next four problems. Beginning Balance 38,000 Interest Payment End Balance Principal Reduction What is the year 1 payment on this loan? (Round to the nearest dollar, don't put a dollar sign in front) What is the Year 1 principal reduction on this loan? (Round to the nearest dollar, don't put a dollar sign in front) Your friend receives a five-year loan with the same rate and loan amount, but their loan is structured as a "discount" loan. What will the ending balance be in year 4 of that loan? (Round to the nearest dollar, don't put a dollar sign in front) Your friend receives a five-year loan with the same rate and same loan amount, but their loan is structured as an interest only" loan. What will the ending balance be in year 3 of that loan