21. The Crimson Company has arranged for a $1,950,000 mortgage to finance the purchase of a 3 acre parcel of land. The mortgage has an APR of 5.2%. Monthly payments are based on a 30 year payout schedule but the mortgage loan is due to be paid after 8 years. How much will the company pay back after the 8th year? O Between $1,500,000 - $1,550,000 O Between $1,550,000 - $1,600,000 O Between $1,600,000 - $1,650,000 O Between $1,650,000 - $1,700,000 O Between $1,700,000 - $1,750,000 O None of the above