Question: You are considering purchasing a new, $15,000 car, & you have $2,000 to put toward a down payment. If you can negotiate a nominal yearly interest rate of 10 percent and finance the car over 60 months, calculate your monthly car payments?
[A] $276.21
[B] $285.78
[C] $216.67
[D] $252.34
[E] $318.71