16) You have just borrowed $10,000 on a four year loan at 5% simple interest. Complete the Amortization table below for the first 6 month of the loan. Payment Number to Applied Applied Beginning Payment to New Balance amount interest Principal Balance $10,000.00 $230.29 $41.67 $188.63 $9,811.37 $230.29 $40.88 $189.41 $9,621.96 $9,621.96 $40.09 $190.20 $9,431.76 $9,431.76 $230.29 c $190.99 $9,240.77 $9,240.77 $230.29 $38.50 $9,048.98 $9,048.98 $230.29 $37.70 $192.59 B