Question 6 (10 points) Assume that you borrow $200,000 for five years at an interest rate of 7.9% per year. If the loan has monthly payments, what is the amount of interest in the first payment? O A) $1,380.60 B) $1,444.40 C) $1,057.00 OD) $1,316.67 E) $1,257.27