AMORTIZATION TABLE Develop a complete amortization table for a loan of $10,000, to be payback in 5 uniform yearly installments of $2,373.96, based on an interest rate of 6%. The amortization table should include the following column headings: Year Interest Total owed Payment Balance at the Balance at the beginning end Using the amortization table developed, answer the following questions: 1. Under the proposed scheme, how many total dollars of interest are payed over the life of the loan? 2. How much of the second payment goes to pay interest? How much goes to pay principal? 3. Suppose that the borrower decides to pay off the loan at the end of third year. How much does he has to pay in order to pay off the loan in full