Question $20$

Your monthly payment on a $$225,000$ fixed$-$rate mortgage $($FRM$)$ at $6\mathrm{.}5\%$ for $30$

years is

$$1,435\mathrm{.}83$

$$1\mathrm{.}422\mathrm{.}15$

$$665\mathrm{.}63$

$$1,519\mathrm{.}22$