Assume you have just been approved for a line of credit to renovate the kitchen and bathroom of your rental property. Following are your cashflows:

On February $1,$ you borrowed $$5,000$ at $6\%.$

On March $1,$ you borrow another $$15,000$ at $6\%.$

On July $1,$ you make a payment of $$10,000,$ plus accumulated interest. This month your interest rate increased to $8\%.$

On August $1,$ you borrow another $$40,0000$ at $9\%.$

On November $1,$ you pay all the borrowed money plus any interest accumulated.

Assuming the interest is generated only on the outstanding balance, what is the total repaid on November $1?$

$$65,789$

$$61250$

$$64,324$

$$61,692$