$(5)$ A loan is to be repaid by monthly payments of $5674$ for five years, the first of the sixty payments occurring exactly one year after the loan is made. Find the total amount of interest at the times of the odd neasbered payments if the anumal eflective interest rate foe the loan is $4\mathrm{.}8\%.[$HINT: Be very careful when considering the interest at the time of the first payment, and note that this interest exceeds the amount of the puyment. An amortization table would therefore show a segative amonet of principal paid at the first payment time.$]$

$(5)$ A loan is to be repaid by monthly payments of $$674$ for five years, the first of the sixty payments occurring exactly one year after the loan is made. Find the total amount of interest at the times of the odd numbered payments if the annual effective interest rate for the loan is $4\mathrm{.}8\%.[$HINT: Be very careful when considering the interest at the time of the first payment, and note that this interest exceeds the amount of the payment. An amortization table would therefore show a negative amount of principal paid at the first payment time.$]$