Select the correct answer Cassidy is planning to obtain a loan from her bank for 210 000 for a new home The bank has approved Cassidy s loan at a fixed annual intere rate of 2 7 compounded monthly for 15 years Use the formula to determine Cassidy s approximate monthly payment P F p 1 1 1 OA Cassidy s approximate monthly payment will be 1 721 15 OB Cassidy s approximate monthly payment will be 1 474 58 OC Cassidy s approximate monthly payment will be 5 717 26 OD Cassidy s approximate monthly payment will be 1 420 11