"You want to take out a $$250,000$ mortgage on the house you own. You will have to make equal payments atthe beginning of each month starting today and the remaining balance after the last monthly payment will be $0.$ What is the monthly rate if your monthly payment is $$1,000$ on a $30-$year mortgag? A$\mathrm{.}0\mathrm{.}470\%$ B $0\mathrm{.}280\%$C$.0\mathrm{.}218\%$D$.0\mathrm{.}216\%$E$.0\mathrm{.}330\%$