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Fred bought a vacation property for $70 900.00 down and monthly mortgage payments of $1224.51 at the end of each month for six years. Interest

Fred bought a vacation property for $70 900.00 down and monthly mortgage payments of $1224.51 at the end of each month for six years. Interest is 8.4% compounded monthly. What is the purchase price of the property? on Select one: a. $ 136 967.43 b. $ 135 967.43 c. $ 137 967.43 d. $ 138 967.43 e. $ 139 967.43

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