value 2.00 points Use the following amortization chart Selling price of home 89,000 Down payment 4,000 Principalinterest30 loan) $ 85,000 Payment per $1,000 $ 6.00 Monthly mortgage payment $ 510.00 Rate of interest Years 5% Assume the interest rate rises to 6.5%. What is the total cost of interest with the new interest rate? (Use Table 15.1). (Do not round intermediate calculations. Round your final answer to the nearest cent.) Total cost of interest$