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Alma wants to buy a car that is available at two dealerships. The price of the car is the same at both dealerships. Birge Motors

Alma wants to buy a car that is available at two dealerships. The price of the car is the same at both dealerships. Birge Motors would let her make quarterly payments of $8,400.00 for 4 years at a quarterly interest rate of 3.36 percent. Her first payment to Birge Motors would be due immediately. If Rudolph Cars would let her make equal monthly payments of $3,800.00 at a monthly interest rate of 1.47 percent and if her first payment to Rudolph Cars would be in 1 month, then how many monthly payments would Alma need to make to Rudolph Cars?

35.53 (plus or minus 0.3 payments)
14.08 (plus or minus 0.3 payments)
13.85 (plus or minus 0.3 payments)
36.22 (plus or minus 0.3 payments)
13.70 (plus or minus 0.3 payments)

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