2. (3 points) You have heard that Tesla cars are cool, so you would like to buy one to enhance your reputation. You have found a 2017 Model 3 that you can purchase from a dealership in Illinois. The Model 3 costs $35,000. The dealership has offered you financing for the entire purchase price. The terms of the loan are: you will make equal monthly payments at the end of each month for 6 years, at which time the loan will be fully paid off. You will owe Interest of 3.89% per year, monthly compounded. Fill in the boxes of the following amortization for your first payment period. Round your final answers to the nearest cent. Show ALL your work. It is not necessary to write your answers on this sheet, just make sure to clearly label them on your answer sheet. Repayment of Ending Balance Period Beginning Balance Monthly Interest Principal Payment Month 1 $35,000