You have just arranged a eight-year bank loan for $200,000 at an interest rate of 10% p.a. with interest compounded quarterly. The loan will be repaid from today in equal quarterly instalments and the first payment will be due one quarter from today. Assuming end-of-the-period cash flows, the total interest paid in the second quarter will be closest to:

(A)$5,000

(B)$4,154

(C)$4,258

(D)$4,896