Report all answers with 2 decimal places. Loan amount: $4,800,000 Interest Rate: 2.50% Term: 20 years Amortization: 30 years > Question 9 How much total interest will be paid during the term of this loan? O None of these are correct O $1,567,685.23 O $1,050,443.34 O $1,763,654.74 $1,127,396.60 How much total principal will be paid during the term of this loan? $1,729,888.60 None of these are correct $2,072,434.59 $1,668,573.75 $2,788,138.02 Question 11 2.5 F What is the balloon payment at the end of the term? $2,727,565.41 $2,011,861.98 O $2,427,513.68 $2,924,047.13 O None of these are correct