the answer is D. please show me the work for this question so I can know how we got to the answer D.

Jack and Jill recently negotiated a rate of 2% on their mortgage loan that has a 5-year term and 25-year amortization period. The Bank of Canada 5-year benchmark mortgage rate is 4.8%. What would be their monthly payment on a $250,000 mortgage? Fixed-rate mortgages are compounded semi- annually. 071 A. $1,311 B. $1,315 C. $1,420 D. $1,426 Jack and Jill recently negotiated a rate of 2% on their mortgage loan that has a 5-year term and 25-year amortization period. The Bank of Canada 5-year benchmark mortgage rate is 4.8%. What would be their monthly payment on a $250,000 mortgage? Fixed-rate mortgages are compounded semi- annually 071 A. $1,311 B. $1,315 C. $1,420 D. $1,426 Jack and Jill recently negotiated a rate of 2% on their mortgage loan that has a 5-year term and 25-year amortization period. The Bank of Canada 5-year benchmark mortgage rate is 4.8%. What would be their monthly payment on a $250,000 mortgage? Fixed-rate mortgages are compounded semi- annually. 071 A. $1,311 B. $1,315 C. $1,420 D. $1,426 Jack and Jill recently negotiated a rate of 2% on their mortgage loan that has a 5-year term and 25-year amortization period. The Bank of Canada 5-year benchmark mortgage rate is 4.8%. What would be their monthly payment on a $250,000 mortgage? Fixed-rate mortgages are compounded semi- annually 071 A. $1,311 B. $1,315 C. $1,420 D. $1,426