Caroline takes out a 30-year home loan of $600,000 from her bank. The interest rate is 6% p.a.compounded monthly. Caroline needs to repay $3,597.30 at the end of each month. Which of the following gives the loan outstanding at the end of year 7 (only one correct answer)? (2 marks) 3597.30/0.005*(1-1.005-84) 600000"(1.005)*84-3597.30/0.005*(1-1.0054-84) 600000*(1.005)*84-3597.30/0.005*(1.005^84-1) 3597.30/0.005*(1.005-84-1) None of the options gives the correct answer. If the retrospective method is used to find the loan outstanding balance at the end of year 7. The answer should be (1 mark. Round your answer to 2 decimal places. Do not put unit. Do not use comma separators. E.g. 1234.56)