Avishek takes out a mortgage for $$1,025,000$ at an interest rate of i$(12)=3\mathrm{.}250\%.$ The amortization period is $20$ years. What is his weekly payment?

Question $1$ Answer

a$.$

$$1,219\mathrm{.}62$

b$.$

$$1,246\mathrm{.}42$

c$.$

$$1,527\mathrm{.}87$

d$.$

$$1,273\mathrm{.}23$

e$.$

$$1,340\mathrm{.}24$