Using the following table, calculate the missing values for Jake's 15year student loan for $14,000.00. The annual interest rate is 7.837%, compounded each month. Find the data missing from the table below. Round your answers to the nearest cent.
Note: "Principal" below means the principal paid off for that period.
Period Payment Interest Principal Balance
1 a b c d
2 e f g h
a =
b =
c=
d=
e=
f=
g=
h=