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Assume you are buying a $15,000 car, with a 12 month loan at 5% interest, a net down payment of $2, 500, and a $40

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Assume you are buying a $15,000 car, with a 12 month loan at 5% interest, a net down payment of $2, 500, and a $40 (non-taxable) fee with 6% in sales tax. What will be your monthly payment? A. Between $1000 and $1049 B. Between $1050 and $1099 C. Between $1100 and $1149 D. Between $1150 and $1200

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