Prepare an amortization schedule for a three year loan of $10,000. The interest rate is 9% per year, and the loan calls for equal annual payments.

How much interest is paid over the life of the loan? (use a financial calculator)
(Also, develop the amortization schedule using Excel spread sheet)

Please review the guidelines on asking for help with homework that can be found here:



Ask Me Help Desk - Announcements in Forum : Arts & Literature (https://www.askmehelpdesk.com/arts-literature/announcement-u-b-read-first-expectations-homework-help-board-b-u.html)

BTW, Excel include3s an amortization schedule template.