You plan to take out a $300,000 conventional fixed rate mortgage. You will either take out a 15 year mortgage or a 30 year mortgage. The interest rate on the 15 year mortgage is 3.5%. The interest on the 30 year mortgage is 4.5%. What will be the monthly mortgage payment for the 15 year mortgage? What will be the monthly mortgage payment for the 30 year mortgage?

	a.	$3,042.80 and $4,294.02
	b.	$3,059.68 and $4,341.25
	c.	$1,539.49 and $2,170.63
	d.	$1,520.06 and $2,144.65