Question: You borrow $ 5 5 0 , 0 0 0 for a 2 bedroom, 2 bath apartment in Chicago. The bank quoted you an interest

You borrow $550,000 for a 2 bedroom, 2 bath apartment in Chicago. The bank quoted you an interest rate of 4.5% for 15 years. If you make monthly payments, then how much interest did you pay on payment number twelve?
Question 6Select one:
a.
$754.71
b.
$1,904.40
c.
$1,972.34
d.
$2,138.57

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