9.2 Interest Rates on Personal Loans 2 of 6 (1 complete) Planning #2 (similar to): Amortization Amortization. Beth has just borrowed $7,900 on a four-year loan at 5% simple interest. Complete the amortization table for the first five months of the loan a. The beginning balance of the loan for month 2 is $ (Round to the nearest cent) ar loan at 5% simple interest. Complete the amortization table, for the first five months of the lo (Round to the nearest cent.) Data Table - X ick on the icon here in order to copy the contents of the data table below into a readsheet.) Payment Number 1 2 3 4 5 Beginning Balance $7,900 a $7,601.36 $7,451.10 $7,300.22 Payment Amount $181.93 $181.93 $181.93 $181.93 Applied to Interest $32.92 $32.30 d Applied to Principal $149.01 b $150.26 $150.88 g New Balance $7,750.99 $7,601.36 $7,451.10 f h e $30.42 Print Done click Check Answer. Clear All st so 000 000 F4 F5 F6 F7 FB F9 04