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A $31,000 new car loan is taken out with the terms 12% APR for 48 months. How much are monthly payments on this loan? O

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A $31,000 new car loan is taken out with the terms 12% APR for 48 months. How much are monthly payments on this loan? O A. $897.98 OB. $1,061.25 OC. $816.35 OD. $979.62

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