Time You borrow $800,000 to buy a house worth $1000,000 The interest rate is 3.6% pa compounding monthly and the fully amortising loan term is 30 years. A loan repayment schedule is shown below with some parts missing in bold. Loan Repayment Schedule Interest rate of 3.6% papaid monthly 30 year term Total Principal Liability, just payment component component after payment Month $/month $/month $/month $ 0 800,000.00 1 3,637.16 (a) (b) (c) 2 3,637.16 239629 1,240.87 797,521.96 3,637.16 2392.57 1,244.60 796,277.37 3,637.16 2388.83 1.243.33 795,029.04 3,637.16 2,385.09 1,252.08 793.776.96 3,637.16 2,381.33 1255.83 792521.13 7 3.637.16 2,377.56 1 259.60 791,261.53 8 3,637.16 2.373.78 1.263.38 789,998.15 356 54.07 4332 357 350 359 360 3,637.16 3,637.16 3,637.16 3,637.16 3,637.16 3.583.09 3.593.84 3,60462 le) 3,626.28 14.440.19 10,846.35 7.241.72 ? 0.00 (d) 10.88 Which of the below statements is NOT correct? All answer options are rounded to 2 decimal places as is the table above Select one a. The interest.component at month 1 is 52,400. b. The principal component at month 1 is 51,237.16 The amount owing just after the payment at month 1 is $798,762 84 The interest component at month 359 is 52169 The principal component at month 359 is 53,61544