You Want to Purchase a New Condominium That Costs $329,000

You want to purchase a new condominium that costs $329,000.Your plan is to pay 20 percent down in cash and finance the balance over 25 years at 6.25 percent.What will be your monthly mortgage payment?

A) $1,736.25
B) $1,833.33
C) $1,908.16
D) $2,221.43
E) $2,406.11