Teacher:In this task, you need to answer the given multiple-choice question on the general math. Classify your answers into 'a', 'b', 'c', 'd', and 'e'.
Teacher: Now, understand the problem? Solve this instance: Problem: louie takes out a 3 - month loan of $ 1000 . the lender charges him 10 % interest per month compounded monthly . the terms of the loan state that louie must repay the loan in 3 equal monthly payments . to the nearest dollar , how much does louis have to pay each month ?
Options: a ) 333 , b ) 383 , c ) 402 , d ) 433 , e ) 483
Student:
c