In order to purchase his home, Palet borrowed $45,000 from the bank at a rate of 10% and must repay it in 3 equal installments at the end of each of the next 3 years. What percentage of the third year payment goes towards interest? a) 19.76%

b) 25.89%

c) 9.09%

d) 12.32%

e) 17.36%