Question 3 (1 point) What is the difference in total payments for a loan of $35,000 which is paid over 5 years with equal total payments, compared to a loan of $35,000 which is paid back in equal total payments starting in year 3 with interest only payments in years 1 and 2 ? Loan is at 5.5% interest. The amortization tables below are provided for your use. Option 1: Equal Total Payment Option Option 2: Interest Only Option What is the interest paid under Option 2 in year 4? 832.301787.801317.371925.00 Question 3 (1 point) What is the difference in total payments for a loan of $35,000 which is paid over 5 years with equal total payments, compared to a loan of $35,000 which is paid back in equal total payments starting in year 3 with interest only payments in years 1 and 2 ? Loan is at 5.5% interest. The amortization tables below are provided for your use. Option 1: Equal Total Payment Option Option 2: Interest Only Option What is the interest paid under Option 2 in year 4? 832.301787.801317.371925.00