Question 4 of 11 This test: 12 point(s) possible This question: 1 point(s) possible Submit test Corey buys 10 Tufflift 4-post, 4.5-ton car hoists for his parking garage at a total cost of $480,000. He finances this with a five-year loan at 7.4% APR with monthly payments. After he has made the first 20 payments, how much is the outstanding principal balance on his loan? A. $339,222 B. $474,910 C. $271,377 D. $678,443