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Q12 point(s) possible Submit quiz A car loan of $46,700 is amortized over 8 years by equal monthly payments at 2.9% compounded monthly. What is

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point(s) possible Submit quiz A car loan of $46,700 is amortized over 8 years by equal monthly payments at 2.9% compounded monthly. What is the monthly payment and outstanding principal balance after 40 payments? Round to the nearest cent. O A. $544.34 and $28,478.06 O B. $545.66 and $18, 153.12 O C. $486.46 and $27,241.67 O D. $545.66 and $28,546.88

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