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A Silver Hummer H3 sells for $98,000, tax included. GMAC lends money at the rate of 6.9% APR. You are at the beginning of the

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A Silver Hummer H3 sells for $98,000, tax included. GMAC lends money at the rate of 6.9% APR. You are at the beginning of the fourth year of a seven-year term. You are making monthly payments on the loan. How much interest do you pay in the first month of the fourth year of the loan? O a. $362.44 Ob.$371.08 Oc$354.70 O d.$395.62 Oe. $359.81

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