Question: Prepare an amortization schedule for a 3 - year loan of $ 1 4 0 , 0 0 0 . The interest rate is 1

Prepare an amortization schedule for a 3-year loan of $140,000. The interest rate is 10 percent per year, and the loan calls for equal annual payments.
What is the amount of interest paid in year 2?(Do not round intermediate calculation. Round your final answer to two decimal places i.e.1234.56. Do
not input a dollar sign with your answer.)
Prepare an amortization schedule for a 3-year loan of $140,000. The

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