A past client has asked you to determine the amount owing on their current mortgage. Your

client has already made $1$ years$$ worth of weekly payments. The original mortgage loan amount was

$$625,000$ with a stated interest rate of $4\mathrm{.}75\%$ compounded semi$-$annually not in advance. The amortization is $20$ years and the term is $5$ years. Your client has always made weekly payments. What is the outstanding balance today, after $1$ year of payments?

a$)$ $$605,707\mathrm{.}34$

b$)$ $$605,707\mathrm{.}87$

c$)$ $$605,708\mathrm{.}35$

d$)$ $$605,708\mathrm{.}94$