TropiKana Inc. has just borrowed 1,000,000 to make improvements to an Italian fruit plantation and processing plant. If the interest rate is 7.00% per year and the Euro appreciates against the dollar from $1.15/ at the time the loan was made to $1.20/ at the end of the first year, how much interest will TropiKana pay at the end of the first year (rounded)? a. $70,000 b. $84,000 c. $58,333 d. $80,500