Compute an amortization schedule for a $250000, 10 year annual amortization loan, paying 7%. Payments are to be made at the beginning of the year. If instead the loan was originally structured with a $40000 balloon payment at the end of the tenth year, how much of the tenth year plus balloon payment would be principal?

Group of answer choices

< $53000

$53000-$55000

> $59000

$55000-$57000

$57000-$59000