Question: How much total principal is repaid between the 1st and 7th payment interval (including 1st and 7th) of a 4.5-year loan for $4887 at an

How much total principal is repaid between the 1st and 7th payment interval (including 1st and 7th) of a 4.5-year loan for $4887 at an interest rate of 7.4% compounded monthly and the payments are also monthly. Round your ANSWER to the nearest dollar. Select one: O a. $445 O b. $556 oc. $456 O d. 5423 O e. $546

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