You take out the following mortgage:

Borrow $$15,000$ at a rate of $9\%$ and will repay in annual payments over $5$ years.

What is your balance on the mortgage after the first payment?

$9808\mathrm{.}44$

$2506\mathrm{.}39$

$12493\mathrm{.}61$

$11143\mathrm{.}61$