QUESTION $17$

Jeannie Ocanas has a mortgage of $$266,000\mathrm{.}00$ after making a down payment. The mortgage is for $30$ years, assuming an interest rate of $11\mathrm{.}00\%$ and monthly compounding what is the payment $($PMT$)$ they will make each month?

a$.$ $$30,596\mathrm{.}54$

b$.$ $$7,743\mathrm{.}63$

c$.$ $$10\mathrm{.}26$

d$.$ $$2,533\mathrm{.}18$