Liz Rogers closed a $320,000 fixed-rate mortgage loan. The stated mortgage interest rate was 3.875% per year. The loan was to be repaid with 120 equal, consecutive, monthly, and end-of-month payments. The first monthly payment was due on July 31, 2008. Ignore all closing costs. How much was the interest payment contained in the monthly mortgage payment of August 2017? a. $112.22 b. $515.95 c. $92.11 d. $160.70 e. $556.81