Lorkay Seidens Inc. just borrowed $25,000,000. The loan is to be repaid in equal installments at the end of each of the next six years, and the interest rate is 6.50%. The following is a partially completed amortization schedule of the loan. Year Beginning Balance Interest Repayment of Principal Payment Remaining Balance 1 $25,000,000 2 3 4 5 6 Refer to Lorkay Seidens Inc. What fraction of the payment made at the end of the second year will represent interest payment? Select one: a. 88.17% b. 77.73% c. 27.01% d. 22.27% e. 17.22 %