You borrow $800,000 to buy a house worth $1,000,000. The interest rate is 3.6% pa compounding monthly and the fully amortising loan term is 30 years. A loan repayment schedule is shown below, with some parts missing in bold. Loan Repayment Schedule Interest rate of 3.6% pa paid monthly, 30 year term Total Interest Principal Liability, just Time payment component component after payment Month $/month $/month $/month $ 0 800,000.00 1 3,637.16 (a) (b) (c) 2 3,637.16 2,396.29 1,240.87 797,521.96 3 3,637.16 2,392.57 1,244.60 796,277.37 4 3,637.16 2,388.83 1,248.33 795,029.04 5 3,637.16 2,385.09 1,252.08 793,776.96 6 3,637.16 2,381.33 1,255.83 792,521.13 7 3,637.16 2,377.56 1,259.60 791,261.53 8 3,637.16 2,373.78 1,263.38 789,998.15 356 3,637.16 54.07 3,583.09 357 3,637.16 43.32 3,593.84 3,604.62 14,440.19 10,846.35 7,241.72 358 3,637.16 32.54 359 3,637.16 (d) (e) ? 360 3,637.16 10.88 3,626.28 0.00 Which of the below statements is NOT correct? All answer options are rounded to 2 decimal places as is the table above. Select one: a. The interest component at month 1 is $2,400. b. The principal component at month 1 is $1,237.16. c. The amount owing just after the payment at month 1 is $798,762.84. d. The interest component at month 359 is $21.69. e. The principal component at month 359 is $3,615.44