2. Jo makes monthly payments of $1,200, $1,600, and $2,000 on the principal and pays interest of 0.75% on the unpaid balance each month (9% annual rate). Unpaid Interest Principal Total New Month Balance Payment Payment Payment Balance 1 $4,800 S1,200 2 1,600 +2.000 0 3 $4,800 (60 points) Jo Jensen needed to purchase office equipment costing $4,800. She was able to finance her purchase over 3 months at a 9% annual interest rate. Following are three different payment options under these conditions. Complete the installment purchase table for each payment option. (2 points for each correct answer)