Question 1 (1 point) Maria purchased a home. She put $35,000 down and took out a $275,000 mortgage with a 5 year term and a 25 year amortization period. The interest rate on the mortgage was 5.40% p.a., compounded semi-annually, with payments to be made monthly. The effective monthly interest rate was 0.4450% p.m. and the monthly payments were $1,663. The amount by which the outstanding principal was reduced after the second monthly payment was made is closest to s 441 139 917 832 439