Solve the Problem

Solve the problem. If necessary, use the table of monthly payments below. Round your answer to the nearest cent.
Monthly Payments to Repay Principal and Interest on a $1000 Mortgage
-Find the monthly payment needed to amortize principal and interest for the following fixed-rate mortgage.
Mortgage amount: $77,000
Term of mortgage: 15 years
Interest rate: 11.5%

A) $875.18
B) $899.51
C) $821.15
D) $924.13