Suppose you borrowed $35,000 at a rate of 3.5% and must repay it in 10 equal installments at the end of each of the next 10 years. How much would you still owe at the end of the first year, after you have made the first payment? a. $30,155.68 b. $30,690.19 c. $31,252.83 d. $31,845.09 e. $32,016.55