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A $60,000 loan is taken out on a boat with the terms 7% APR for 36 months. How much are the monthly payments on this
A $60,000 loan is taken out on a boat with the terms 7% APR for 36 months. How much are the monthly payments on this loan?
A. 1852.62
B. 1666.66
C. 1796.54
D. 1783.33
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