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| Payment Number | Beginning Balance | Interest Payment | Principal Payment | Ending Balance | Cumulative Interest | Cumulative Payments |
|---|---|---|---|---|---|---|
| 1 | $100.00 | $0.02 | $8.33 | $91.67 | $0.02 | $8.34 |
| 2 | $91.67 | $0.02 | $8.33 | $83.35 | $0.03 | $16.68 |
| 3 | $83.35 | $0.01 | $8.33 | $75.02 | $0.05 | $25.03 |
| 4 | $75.02 | $0.01 | $8.33 | $66.69 | $0.06 | $33.37 |
| 5 | $66.69 | $0.01 | $8.33 | $58.36 | $0.07 | $41.71 |
| 6 | $58.36 | $0.01 | $8.33 | $50.02 | $0.08 | $50.05 |
| 7 | $50.02 | $0.01 | $8.33 | $41.69 | $0.09 | $58.40 |
| 8 | $41.69 | $0.01 | $8.34 | $33.36 | $0.09 | $66.74 |
| 9 | $33.36 | $0.01 | $8.34 | $25.02 | $0.10 | $75.08 |
| 10 | $25.02 | $0.00 | $8.34 | $16.68 | $0.10 | $83.42 |
| 11 | $16.68 | $0.00 | $8.34 | $8.34 | $0.11 | $91.77 |
| 12 | $8.34 | $0.00 | $8.34 | $-0.00 | $0.11 | $100.11 |