A construction company takes a loan of $535,000 to cover the cost of a new grader. If the interest rate is 6.7​% ​APR, and payments are made monthly for five​years, what percentage of the outstanding principal does the company pay in interest each​ month?   A. 0.66​%   B. 5.58​%   C. 0.51​%   D. 0.61​%   E. 0.56​%

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