You want to buy a new sports car for $55,000. The contract is in the form of a 60-month annuity due at an APR of 6 percent, compounded monthly. What will be your monthly payment?

a. $1,047.90

b. $1,053.87

c. $1,058.01

d. $1,063.30

e. $1,072.11

I know the answer is suppose to be "C" 1,058.01 but i'm unsure how to get the answer.

I keet getting 1,063.30 if pv=55,000 60=N I/Y=.5 (6/12) FV=0