You bought a dual refrigerator/freezer for $859 on the 12 months is the same as cash plan. The terms of the plan on the contract stated that if not paid within 12 months, you would be assessed 11.5 percent APR for the amount on the first day of the plan. If you want to pay off the $859 appliance within 12 months, how much should you budget per month for payment?
a. $71.58 b. $73.45 c. $79.82 d. $88.00