Create an Amortization Schedule then answer the following questions: Auto Loans R Them loans your $32,000 for five years to buy a car. The loan must be repaid in equal annual payments. The annual interest rate on the loan is 4.2%. What is the ending balance in year 3 ? QUESTION 18 SCENARIO: You were working for Rolling Hills when you became injured on the job. The Rolling Hills Company offers you one of three settlement options to choose from. The discount rate is 7.32%. 1. Option 1: $400,000 today 2. Option 2: $110,000 each year for the next 5 years, or 3. Option 3: $600,000 in 5 years Provide the answer for OPTION 1 (in this format x,xxx.xx )