Solve the problem.Suppose you need to take out a 15-year home mortgage loan of $90,000. The annual interest rate for a 15-year mortgage at your bank is 5.4.% compounded monthly. Find the monthly mortgage payment for this loan. Round your answer to the nearest cent.
A. $738.73
B. $656.65
C. $730.61
D. $649.43
E. $735.38
Answer: C
Mathematics
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