单选题 You borrow $15000 to buy a car. The loan is to be paid off in monthly payments over 5 years at 12 percent annual interest. What is the amount of each payment?
  • A. $ 456.
  • B. $ 334.
  • C. $ 546.
【正确答案】 B
【答案解析】I=12/12=1; N=5×12=60; PV=15000; CPT→PMT=333.67.