Jenny Enterprises has just entered a lease agreement for a new manufacturing facility. Under the terms of the agreement, the company agreed to pay rent of $$15,500$ per month for the next $10$ years with the first payment due today. If the APR is $7\mathrm{.}2$ percent compounded monthly, what is the value of the payments today?

Multiple Choice

$$1,210,109\mathrm{.}93$

$$1,294,393\mathrm{.}65$

$$1,387,589\mathrm{.}99$

$$1,331,120\mathrm{.}92$