You plan to borrow $35,000 at a 7.5% annual interest rate. The terms require you to amortize the loan with 7 equal end-of-year payments of $6,608.01. When you make the second payment, two years from today, what amount of the $6,608.01 payment will represent interest?
a. $2,326.27
b. $1,994.49
c. $2,099.46
d. $2,209.96