Question: pls answer asap Prepare an amortization schedule for a five-year loan of $48.000. The interest rate is 8% per year, and the loan calls for
Prepare an amortization schedule for a five-year loan of $48.000. The interest rate is 8% per year, and the loan calls for equal annua payments. (Do not round intermediate calculations. Enter all amount as positive value. Round the final answers to 2 decimal places. Leove no cells blank-be certain to enter "O" wherever required.) How much interest is paid in the third yeat? (Do not round intermediote colculations. Round the final answer to 2 decimal places.) Interest paid $ How much total interest is paid over the life of the loan? (Do not round intermediote calculations. Round the final answer to 2 decimal places.) Total interest
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