Suppose you borrowed $55,000 at a rate of 8.5% and must repay it in 5 equal installments at the end of each of the next 5 years. How much would you still owe at the end of the first year, after you have made the first payment? A. $45,717.88 B. $52,118.39 C. $34,745.59 D. $51,204.03 E. $53,489.92