It Is Now Five Years Later,and Adrian Has Saved Enough

Multiple Choice

It is now five years later,and Adrian has saved enough money for a 20 percent down payment on a house.He will have to borrow $135,000 in a 30-year loan with an annual interest rate of 6 percent compounded monthly.What will his monthly mortgage payment be?

A) $1,199.55
B) $809.39
C) $779.98
D) $397.50