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A $ 4 9 , 0 0 0 new car loan is taken out with the terms 6 % APR for 4 8 months. How

A $49,000 new car loan is taken out with the terms 6% APR for 48 months. How much are monthly payments on this loan?
A. $1,265.84
B. $1,150.77
C. $1,380.92
D. $1,496.00
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