Chandler has arranged to buy his Dads 2017 BMW for $39,000 at a 7.5% annual interest rate. The terms require him to amortize the loan with 7 equal end-of-year payments. How much interest would Chandler be paying in Year 2?

A). $2,073.71

B). $2,332.92

C). $2,462.53

D).$2,592.13

E). $2,980.95