17.) You have decided to purchase a new house for $150,000. You plan to make a 20% down payment and the bank's annual percentage rate is APR=12% (an annual interest rate expressed with monthly compounding). For a 30-year mortgage loan, what are your monthly mortgage payments?

a) $14,897

b) $1,543

c) $1,241

d) $1,234

e) $1,200