Question 8 (2 points) Suppose you are buying your first condo for $225,000, and you will make a 15% down payment. You have arranged to finance the remainder with a 30-year, end of the month payment, amortized mortgage at a 6% interest rate, with the first payment due in one month. What will your monthly payments be? $1,349.00 $1,079.19 $1,289.03 $1,146.64 $1,214.09 $1,042.911