Kevin borrows $7500 to be paid back at 12.5% p.a. monthly reducible over a period of 7 years. What is the amount of each monthly instalment and what is the total interest charged on the loan. Find the equivalent flat rate of interest.

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Kevin borrows $7500 to be paid back at 12.5% p.a. monthly reducible over a period of 7 years. What is the amount of each monthly instalment and what is the total interest charged on the loan. Find the equivalent flat rate of interest.

Mathematics
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At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

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the answer sheet says it's $134.41 for the monthly payment...but I don't know how to get there...

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