You have just made a loan payment to your bank and have decided to pay the remaining balance on the loan. You originated this loan fifteen years ago when you borrowed $100,000 to start your own business, MOJO Enterprises. At that time, you arranged for a 20-year loan with a 3.50% APR and monthly payments. Assume the first payment was made one month after you received the loan and that interest is compounded on a monthly basis. What is the current balance on your loan? Note: You have just made your payment at year 15. (Choose the range in which the correct solution falls.) Less than $30,000 Greater than or equal to $30,000, but less than $31,000 Greater than or equal to $31,000, but less than $32,000 Greater than or equal to $32,000, but less than $33,000 Greater than or equal to $33,000