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Doris took out a loan from the bank today for X . She plans to repay this loan by making payments of $ 1 2

Doris took out a loan from the bank today for X. She plans to repay this loan by making payments of $120.00 per month for a certain amount of time. If the interest rate on the loan is 0.67 percent per month, she makes her first $120.00 payment later today, and she makes her final monthly payment of $120.00 in 8 months, then what is X, the amount of the loan?
An amount less than $934.00 or an amount greater than $1,055.00
An amount equal to or greater than $934.00 but less than $948.00
An amount equal to or greater than $948.00 but less than $1,002.00
An amount equal to or greater than $1,002.00 but less than $1,048.00
An amount equal to or greater than $1,048.00 but less than $1,055.00

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