The Howe family recently bought a house. The house has a 15-year,

$272,911.00 mortgage with monthly payments and a nominal interest rate of

5 percent. What is the total dollar amount of interest the family will pay

during the first 4 years of their mortgage? (Assume that all

payments are made at the end of the month.)

a) 49,461.83

b) 48,461.83

c) 46,461.83

d) 45,461.83