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Gabriel buys a van that costs R 8 4 0 0 0 0 . He pays a 2 0 % deposit and takes a loan

Gabriel buys a van that costs R 840000. He pays a 20% deposit and takes a loan to repay the remainder. The terms of the loan are as follows:
Interest rate: 12% per annum compounded monthly.
Duration: 7 years.
What is Gabriel's monthly instalments to pay off the loan?
(4)
A. R 10843.77
B. R 14840.98
C. R 11862.64
D.R12376.92
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