Many Australian home loans that are interest-only actually require payments to be made on a fully amortising basis after a number of years. You decide to borrow $1,000,000 from the bank at an interest rate of 4.8% pa for 25 years. The payments will be interest-only for the first 5 years, than they will have to be paid on a fully amortising basis for the remainder of the loan term. Note that the remaining loan term will be only 20 years. Assume that interest rates will remain constant. All figures are rounded to the nearest cent. Which of the following statements is NOT correct? Select one: O a. The 1st monthly loan payment will be $4,000. The interest component will be $4.000 and the capital component will be zero. b. The 60th monthly loan payment will be $4,000. The interest component will be $4,000 and the capital component will be zero. 0 c. The 61st monthly loan payment will be $6,489.57. The interest component will be $3,995.04 and the capital component will be $2,494.53. O d. The 62nd monthly loan payment will be $6,489.57. The interest component will be $3,990.04 and the capital component will be $ 2,499.53. a e. The 63nd monthly loan payment will be $6,489.57. The interest component will be $3,980.04 and the capital component will be $ 2,509.53