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| Payment Number | Beginning Balance | Interest Payment | Principal Payment | Ending Balance | Cumulative Interest | Cumulative Payments |
|---|---|---|---|---|---|---|
| 1 | $1,000.00 | $20.83 | $102.17 | $897.83 | $20.83 | $123.00 |
| 2 | $897.83 | $18.70 | $104.30 | $793.53 | $39.54 | $246.01 |
| 3 | $793.53 | $16.53 | $106.47 | $687.06 | $56.07 | $369.01 |
| 4 | $687.06 | $14.31 | $108.69 | $578.37 | $70.38 | $492.01 |
| 5 | $578.37 | $12.05 | $110.95 | $467.42 | $82.43 | $615.02 |
| 6 | $467.42 | $9.74 | $113.27 | $354.15 | $92.17 | $738.02 |
| 7 | $354.15 | $7.38 | $115.63 | $238.53 | $99.55 | $861.02 |
| 8 | $238.53 | $4.97 | $118.03 | $120.49 | $104.52 | $984.03 |
| 9 | $120.49 | $2.51 | $120.49 | $-0.00 | $107.03 | $1,107.03 |