You plan to borrow $$40,500$ at an $8\mathrm{.}2\%$ annual interest rate. The terms require you to amortize the loan with $7$ equal end$-$of$-$year payments. How much interest would you be paying in Year $2?$

a$.$ $$2,951\mathrm{.}08$

b$.$ $$3,321\mathrm{.}00$

c$.$ $$7,832\mathrm{.}22$

d$.$ $$2,999\mathrm{.}75$

e$.$ $$7,238\mathrm{.}65$

Jelani now has $$500.$ How much would he have after $11$ years if he leaves it invested at $5\mathrm{.}0\%$ with annual compounding?

a$.$ $$814\mathrm{.}45$

b$.$ $$525\mathrm{.}00$

c$.$ $$855\mathrm{.}17$

d$.$ $$860\mathrm{.}79$

e$.$ $$879\mathrm{.}04$