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The new truck your catering company just purchased has a cost of $ 8 0 , 0 0 0 with all the movable carts, storage,

The new truck your catering company just purchased has a cost of $80,000 with all the movable carts, storage, and refrigeration built in. You are able to negotiate a loan with your bank with no down payment, 12%,2 years, with a monthly mortgage. Please complete the amortization schedule for the first two months of this loan.
Group of answer choices
Month Beginning Balance Payment Interest Principal Ending Balance
180,0003,766423,74276,258
276,2583,766423,74272,516
Month Beginning Balance Payment Interest Principal Ending Balance
180,0003,766422,96676,234
276,2343,766422,96675,434
Month Beginning Balance Payment Interest Principal Ending Balance
180,0003,7668002,96677,034
277,0343,7667702,99674,038
Month Beginning Balance Payment Interest Principal Ending Balance
180,0003,7668002,96676,234
276,2343,7668002,96675,434

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