Usain Bolt bought a home in San Francisco and had borrowed $1,000,000 from Bank of America at a rate of 4.25 percent (compounded monthly) for 30 years. What is the remaining balance on the loan at the end of the 12th years and immediately after making the last payment for that year? (Round to the nearest dollar) $860,595.21 $741,780.65 $731,731.34 $684,466.45