Fred bought a vacation property for $ 17460 down and monthly mortgage payments of $1224.51 at the end of each month for six years. Interest is 8.4% compounded monthly. What is the purchase price of the property?


a.
$ 88273.43

b.
$ 90019.43

c.
$ 83035.43

d.
$ 86527.43

e.
$ 85654.43