Assume Jimmy borrows $650,000 today for a house mortgage, and plans to pay back in full after paying for 25 years. If the interest rate is 10.3% and it will compound semiannually, how much should Jimmy pay each year? HINT: Remind yourselves of the fact that the value of "payment" you will obtain either by hand or a financial calculator reflects payment per one period, which may not necessarily reflect what you pay in a year. O $67,451.44 O $49.168.76 $39,238.24 O $78.476.49