Justin Trudeau wants to buy a ski cottage near Saskatoon for 1,600,000, with a 20% down payment. He takes out an interest-only mortgage with a 6.9% annualized coup on rate and a five year term, fully amortized over 20 years. Concemed over his ability to service his mortgage over its term, he wants to calculate his coupon payment for month 20 . You, being his lender, correctly tell him that it is: $7,256.38 $2,318.11 $8,867.45 $1,120.42 none of the above