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Question 2 4 pts In order to buy a house, Tara is going to borrow $200,000 today with a 3.25 percent nominal annual rate of

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Question 2 4 pts In order to buy a house, Tara is going to borrow $200,000 today with a 3.25 percent nominal annual rate of interest. He is going to make monthly payments over 30 years. Assume full amortization of the loan. If he pays an extra $400 toward principal each month, what will be the ending balance after two monthly payments? (Round to nearest cent) O a. $198,540 O b. $198,120 O c. $197.997 d. $ 197,806 O

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