Help with ACT math question!

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1

<p>Kaylee found a used car she is thinking about purchasing. The list price is $8,795. She calculates that she will need to borrow $6,500. Approximately what would her monthly payment be if she borrowed the money for 36 months at an annual interest of 10%?</p>

<p>Please help.</p>

2

<p>I think it would be about $198.61 per month.</p>

3

<p>Take the box that lines up with 36 months and 10% and multiply it by 6.5</p>