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A $42.000 new car loan is taken out with the terms 3% APR for 48 months. How much are monthly payments on this loan? i

A $42.000 new car loan is taken out with the terms 3% APR for 48 months. How much are monthly payments on this loan? i Instructor Tip O A. $1,022.61 OB. $1,208.53 OC. $1,115.57 OD. $929.64 The stated APR assumes monthly compounding. Close

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