Question: On January 1, Daniel borrows $5100 with a fixed interest rate on the loan of 10% and a loan term of 2 years. He will

On January 1, Daniel borrows $5100 with a fixed interest rate on the loan of 10% and a loan term of 2 years. He will be making monthly payments of $235.34. How much of Daniel's fifth loan payment would be interest charged? (Round answers to 2 decimal places, e.g. 52.75.)

$37.64

$39.27

$35.99

$34.33

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