1. Kennedy took out a loan from the bank today for X. She plans to repay this loan by making payments of $300 per month for a certain amount of time. If the interest rate on the loan is 0.68% per month, she makes her first $300 payment later today, and she makes her final month payment of $300 in 13 months, then what is X, the amount of the loan?
   1. An amount less than $3,730 or an amount greater than $4,030
   2. An amount equal to or greater than $3,730 but less than 3,750
   3. An amount equal to or greater than 3,750 but less than 3,900
   4. An amount equal to or greater than $3,900 but less than 4,000
   5. An amount equal to or greater than $4,000 but less than $4,030