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Payment Number | Beginning Balance | Interest Payment | Principal Payment | Ending Balance | Cumulative Interest | Cumulative Payments |
---|---|---|---|---|---|---|
1 | $10,000.00 | $38.33 | $2,158.97 | $7,841.03 | $38.33 | $2,197.30 |
2 | $7,841.03 | $30.06 | $2,167.24 | $5,673.79 | $68.39 | $4,394.60 |
3 | $5,673.79 | $21.75 | $2,175.55 | $3,498.24 | $90.14 | $6,591.90 |
4 | $3,498.24 | $13.41 | $2,183.89 | $1,314.35 | $103.55 | $8,789.20 |