Suppose you are buying your first condo for $240,000, 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 5.7% nominal interest rate, with the first payment due in one month. What will your monthly payments be? a. $1,305.90 b. $1,299.73 c. $1,392.96 d. $1,693.75 e. $1,386.38