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Using the values provided in the amortization table, find the interest payment in the fifth year of the loan. Express your answer as a number

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Using the values provided in the amortization table, find the interest payment in the fifth year of the loan. Express your answer as a number rounded to two decimal points (e.g. is your answer is $4,500.57, write 4500.57). Year Scheduled Total Principal and Beginning Pool Principal Due to Principal and Scheduled Principal Interest PMTS to Balance Prepayment Interest PMTS Interest Pald Pald Issuer 1 $8,000,000.00 $400,000.00 $937,844.05 $400,000.00 $537,844.05 $1,337,844.05 2 $7,062,155.95 $353,107.80 $907,019.93 $353, 107.80 $553,912.13 $1,260,127.72 3 $6,155,136.02) $307,756.80 $876,838.45 $307,756.80 $569,081.65 $1,184,595.25 4 $5,278,297.57 $263,914.88 $847,200.30 $263,914.88 $583,285.42 $1,111,115.18 5 $4,431,097.27) $221,554.86 $817,969.482 $596,414.62 $1,039,524.341 6 $3,613,127.79 $180,656.39 $788,942.97 $180,656.39 $608,286.58) $969,599.36 7 $2,824,184.82 $141,209.24 $759,782.10 $141,209.24 $618,572.86 $900,991.34 8 $2,064,402.72 $103,220.14 $729,829.05 $103,220.14 $626,608.91 $833,049.18 9 $1,334,573.68 $66,728.68 $697,462.67 $66,728.68 $630,733.98 $764,191.35 10 $637,111.01 $0.00 $656,224.34 $31,855.55 $624,368.79| $656,224.34

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