Payment Number 2 Amount of Payment Amount of Interest Amount Applied to Principal Complete an amortization table for the first two payments of a loan. A bank makes a loan of $50,000 to be paid back in semi-annual payments over 15 years at 6% interest. State the Amount of Payment. AV Compute the Amount of Interest. Show work in the blank. A/ Compute the Amount Applied to A/ Principal. Show work in the blank. Compute the Balance. Show work in the blank. A/ Balance Repeat the process for the second payment. State the Amount of Payment. A/ Compute the Amount of Interest. Show work in the blank. A Compute the Amount Applied to