You borrow $15,000 to buy a car. The loan is to be paid off in monthly installments over five years at 12 percent interest annually. The first payment is due one month from today. If the present value of an ordinary annuity of si for 5 years @ 12% with monthly compounding is S44.955, what is the amount of each monthly payment? a. $334 b. $456 c. $546 d. $680 LO8 7