You borrow \($10\),000 at 15 percent per year and will pay off the loan in three equal annual payments with the first occurring at the end of the fourth year after the loan is made. The three equal annual payments will be \($6\),661.08. Which of the following is true for your first payment at the end of year 4?

a. Interest = \($6\),661.08; principal = \($0.00\).

b. Interest = \($2\),281.31; principal = \($4\),379.77.

c. Interest = \($1\),500; principal = \($5\),161.08

d. Interest = \($0.00\); principal = \($6\),661.08