A Purchase Agreement for a $22,000 Truck Requires 60 Equal

A purchase agreement for a $22,000 truck requires 60 equal payments every six months. If the first payment is due one year after the date of purchase and interest is charged at 18% compounded monthly, what is the size of each payment?

A) $2,065.46
B) $1,888.95
C) $1,991.31
D) $2,469.50
E) $2,258.47