A truck driver pays for emergency repairs that cost $1,565.34 with a credit card that has an annual rate of 19.95%. If the truck driver pays $130 a month until the balance is paid off, how much interest will have been paid?

A spreadsheet was used to calculate the correct answer. Your answer may vary slightly depending on the technology used.

$104.10
$112.54
$172.86
$196.07