Answer:
$199.69
Step-by-step explanation:
$9000 × 6.5% (Total Borrowing × APR)
$585 ( Net Interest Payment)
$9000 + $585 (Total Borrowing + Net Interest Payment)
$9585 / (4 × 12) (Total Payment Due / (No. of Years × Per month)
$199.69 (Monthly Payment)
