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Find the payment necessary to amortize the loan. Round the answer to nearest cent. $10,300: 12% compounded monthly; 48 monthly payments O A. $1,241.38 OB.

Find the payment necessary to amortize the loan. Round the answer to nearest cent. $10,300: 12% compounded monthly; 48 monthly payments O A. $1,241.38 OB. $271.43 OC. $271 24 OD. $266.92

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