Suppose you are buying your first condo for $170,000, and you will make a $15,000 down payment. You have arranged to finance the remainder with a 30-year, monthly payment, amortized mortgage at a 6.6% nominal interest rate, with the first payment due in one month. What will your monthly payments be?

a. $1,079.78

b. $984.51

c. $989.92

d. $1,283.06

e. $1,085.72