France Fragrances Corporation wants to borrow $12,650,000. The Germany Commerce Bank requires business loans of this type to be repaid in equal installments, paid at the end of each month for 25 years. If the interest rate is presented as an annual percentage rate (APR) of 8.52%, what is the amount of each monthly payment? (Be sure to carry computations out several decimal places for accuracy.) O A. $102,031.78 B. $12,216.78 C. $103,175.83 D. $99,353.35 E. $101,312.46