Question: question 33. Construct an amortization schedule for a $1,000, 5% annual rate loan with 3 equal payments. The first payment will be made at the

question 33. Construct an amortization schedule for a $1,000, 5% annual rate loan with 3 equal payments. The first payment will be made at the end of the1st year. Find the required annual payments.

$355.8

$367.2

$388.0

$390.7

question 34. Based on the information from Question 33, what's the ending balance of the amortized loan at the end of the first year?

$349.7

$388.3

$682.8

Question 35

Based on the information from Question 33 and 34, calculate the total amount of interests you should pay for the amortized loan in three years.

$28.8

$55.4

$80.0

$101.6

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