Question: Question 34: (1 point) Joseph used the Quantitative Reasoning Procees to create a plan to pay off his student loans of $5,200. The interest rate

Question 34: (1 point) Joseph used the Quantitative Reasoning Procees to create a plan to pay off his student loans of $5,200. The interest rate on his loan is 2.7% annually and he plans to make monthly payments of $49.49 for 10 years. Complete months 1 and 2 of the amortization table below. How much of Joseph's payment goes to Interest in Month 2? Month Beginning Balance Payment: To Interest Payment: To Principal Ending Balance 2 ?? 3 (Round your FINAL answer to the nearest cent.) $

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