Suppose you borrow $90,000 today at an interest rate of 5.2%. This loan is to be paid back in 8 years. The lender agrees to a fixed monthly payment of $1000. What amount, if any, will you owe to the lender at the end of the 8 years? Assume that the first payment on this loan is due one month from today.

$12,312 .10

$14,206.27

$17,570.84