Work Shown:
A = P*(1+r*t)
A = 5000*(1+0.12*30/12)
A = 6500
The amount $6500 is what you pay back
Divided over 30 months gives 6500/30 = 216.67 dollars per month.
Side note: The value t is in years, so 30 months = 30/12 years.
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