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Monica took out a loan from the bank today for x. She plans to repay this loan by making payments of $460.00 per month for

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Monica took out a loan from the bank today for x. She plans to repay this loan by making payments of $460.00 per month for a certain amount of time. If the interest rate on the loan is 1.05 percent per month, she makes her first $460.00 payment later today, and she makes her final monthly payment of $460.00 in 13 months, then what is X, the amount of the loan? An amount less than $5,591.00 or an anmount greater than $6,043.00 An amount equal to or greater than $5,591.00 but less than $5,790.00 An amount oqual to or greater than $5,790.00 but less than $5,970.00 An amount equal to or greater than $5,970.00 but less than $6,001.00 An amount equal to or greater than $6,001.00 but less than $6.043.00

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