Question: please solve with steps for bs2 calculator Prepare an amortization schedule for a five-year loan of $68,000. Assume the loan agreement calls for a principal

please solve with steps for bs2 calculator

Prepare an amortization schedule for a five-year loan of $68,000. Assume the loan agreement calls for a principal reduction of $13,600 every year. The interest rate is 7 percent per year. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Leave no cells blank - be certain to enter " 0 " wherever required.) How much total interest is paid over the life of the loan? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

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