Henry buys a designer furniture set at price of $1200. He pays 25% deposit and interest in 36 months plus outstanding balance. The interest charged on balance is 12%. The monthly installments will be

Henry buys a designer furniture set at price of $1200. He pays 25% de

1.	Henry buys a designer furniture set at price of $1200. He pays 25% deposit and interest in 36 months plus outstanding balance. The interest charged on balance is 12%. The monthly installments will be
A.	$43
B.	$34
C.	$45
D.	$56
Answer» C. $45