Today, you purchased a new home. You paid $150,000 for the home. You financed the entire purchase by borrowing 150,000 today at a 3 percent nominal interest rate compounded monthly. You are scheduled to pay off the loan by making monthly payments for the next thirty years. The first payment will be due one month from today. As such, your monthly payment will be $632.41. You decide however, that instead of making the required $632.41payment each month, you will increase the amount of the monthly payment you will make to $1,000. How long will it take you to pay off the loan under these conditions? A. 188.24 Months B. 127.54 Months C. 360 Months D. 187.64 Months E. It is not possible to solve this problem because the calculator gives an error