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| Payment Number | Beginning Balance | Interest Payment | Principal Payment | Ending Balance | Cumulative Interest | Cumulative Payments |
|---|---|---|---|---|---|---|
| 1 | $1,000.00 | $77.50 | $53.48 | $946.52 | $77.50 | $130.98 |
| 2 | $946.52 | $73.36 | $57.63 | $888.89 | $150.86 | $261.96 |
| 3 | $888.89 | $68.89 | $62.09 | $826.80 | $219.74 | $392.94 |
| 4 | $826.80 | $64.08 | $66.90 | $759.90 | $283.82 | $523.93 |
| 5 | $759.90 | $58.89 | $72.09 | $687.81 | $342.71 | $654.91 |
| 6 | $687.81 | $53.31 | $77.68 | $610.13 | $396.02 | $785.89 |
| 7 | $610.13 | $47.29 | $83.70 | $526.43 | $443.30 | $916.87 |
| 8 | $526.43 | $40.80 | $90.18 | $436.25 | $484.10 | $1,047.85 |
| 9 | $436.25 | $33.81 | $97.17 | $339.08 | $517.91 | $1,178.83 |
| 10 | $339.08 | $26.28 | $104.70 | $234.38 | $544.19 | $1,309.81 |
| 11 | $234.38 | $18.16 | $112.82 | $121.56 | $562.35 | $1,440.79 |
| 12 | $121.56 | $9.42 | $121.56 | $-0.00 | $571.78 | $1,571.78 |