Kevin just graduated from KSU and decided to purchase his first condo. The condo is
listed at $81,900 and Kevin decides to put a 15% down payment. He's applied and
approved for a 15-year mortgage with an annual interest rate of 4.25%. What will be the
full value of his loan?
A. $614.07
B. $812.32
C. $400.51
D. $521.96