You want to calculate the total interest paid in the first two years of a five$-$year loan with a $6\%$ annual interest rate compounded monthly.

What is the correct start and end period for this calculation when using the Cumulative interest payment function in Excel?

Start$\_$period: $0,$ End$\_$period: $2$

Start$\_$period: $1,$ End$\_$period: $24$

Start$\_$period: $1,$ End$\_$period: $2$

Start$\_$period: $1,$ End$\_$period: $60$