Loan Amortization question Finish attempt Time left 0:16:42 f10 The following loan requires equal payments at the end of each payment interval. The compounding period equals the payment interval. Round payments to the nearest cent. Use the Retrospective Method for calculating loan balances. -Calculate the interest component of Payment 25. tion Amortization Interest Original Principal ($) 40,000 period (years) Payment frequency Monthly rate (%) 6.6% 10 Select one: a. 171.57 b. none of them C. 56.27 d. 62.34 e. 58.46