Amortization. Beth has just borrowed $12,100 on a four-year loan at 5% simple interest. Complete the amortization table, a. The beginning balance of the loan for month 2 is $ (Round to the nearest cent.) b. The amount applied to principal in month 2 is $ (Round to the nearest cent.) c. The amount of the monthly payment is $ ( (Round to the nearest cent.) d. The amount applied to interest in month 3 is $ (Round to the nearest cent.) e. The amount applied to interest in month 4 is $ (Round to the nearest cent.) f. For month 4 , with a beginning balance of $11,412.45, the new balance is $ (Round to the nearest cent.) g. The amount applied to principal in month 5 is $ (Round to the nearest cent.) h. For month 5 , with a beginning balance of $11,181.35, and the amount applied to principal of $232.06, the new balance is $ (Round to Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.)