Amortization. Beth has just borrowed $5,200 on a four-year loan at 5% simple interest. Complete the amortization table, E, for the first five months of the loan. a. The beginning balance of the loan for month 2 is $ (Round to the nearest cent.) b. The amount applied to principal in month 2 is $ (Round to the nearest cent.) c. The amount of the monthly payment is $ (Round to the nearest cent.) d. The amount applied to interest in month 3 is $ (Round to the nearest cent.) e. The amount applied to interest in month 4 is $ 1. (Round to the nearest cent.) f. For month 4, with a beginning balance of $4,904.53, the new balance is $ (Round to the nearest cent.) g. The amount applied to principal in month 5 is $| (Round to the nearest cent.) h. For month 5, with a beginning balance of $4,805.22, and the amount applied to principal of $99.73, the new balance is $ (Round to the nearest cent.) Data table (Click on the icon here e in order to copy the contents of the data table below into a spreadsheet.) Payment Number Beginning Balance $5,200 Payment Amount $119.75 $119.75 1 Applied to Interest $21.67 $21.26 d Applied to Principal $98.08 b $98.90 $99.31 New Balance $5,101.92 $5,003.43 $4,904.53 f 2 3 4 $5,003.43 $4,904.53 $4,805.22 e $119.75 $119.75 5 $20.02 g h Print Done