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A $ 5 0 , 0 0 0 loan is taken out on a boat with the terms 1 2 % APR for 3 6

A $50,000 loan is taken out on a boat with the terms 12% APR for 36 months. How much are the monthly payments on this loan?
A. $2,158.93
B. $1,826.79
C. $1,660.72
D. $1,992.86
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