"The maker of a solar power system is offering it for sale with an attractive finance loan that involves low payments over a five year period and then a lump sum payment at the end of the five years. The solar power system costs $13,500 and buyers of the system will pay regular monthly instalments for 59 months and then in month 60 payout the loan with a payment of $3,500. If the loan rate is 8.4%p.a. what is the amount of the regular monthly payment?"

169.49

207.48

280.1

231.58

232.31