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| Payment Number | Beginning Balance | Interest Payment | Principal Payment | Ending Balance | Cumulative Interest | Cumulative Payments |
|---|---|---|---|---|---|---|
| 1 | $500.00 | $1.46 | $41.00 | $459.00 | $1.46 | $42.46 |
| 2 | $459.00 | $1.34 | $41.12 | $417.88 | $2.80 | $84.92 |
| 3 | $417.88 | $1.22 | $41.24 | $376.63 | $4.02 | $127.38 |
| 4 | $376.63 | $1.10 | $41.36 | $335.27 | $5.11 | $169.84 |
| 5 | $335.27 | $0.98 | $41.48 | $293.79 | $6.09 | $212.30 |
| 6 | $293.79 | $0.86 | $41.60 | $252.18 | $6.95 | $254.76 |
| 7 | $252.18 | $0.74 | $41.73 | $210.46 | $7.68 | $297.23 |
| 8 | $210.46 | $0.61 | $41.85 | $168.61 | $8.30 | $339.69 |
| 9 | $168.61 | $0.49 | $41.97 | $126.64 | $8.79 | $382.15 |
| 10 | $126.64 | $0.37 | $42.09 | $84.55 | $9.16 | $424.61 |
| 11 | $84.55 | $0.25 | $42.21 | $42.34 | $9.41 | $467.07 |
| 12 | $42.34 | $0.12 | $42.34 | $0.00 | $9.53 | $509.53 |