Use the following information for problems 15 and 16 Loan Period: 12-years, paid in equal monthly installments Loan Principal: $200,000 Loan Rate: 6%, compounded monthly. 15. The amount paid in interest in month 3 is closest to... a) $952 b) $957 c) $962 d) $977 e) $981 f) $991 g) $996 h) $1,000 i) $1,072 16. The amount needed to fully repay the loan after the 36th payment is closest to... a) $113,518 b) $64,154 c) $162,564 d) $161,424 e) $163,700 f) $145,132 g) $144,591 h) $144,228