The Ace Construction Company wants to purchase a new construction crane and

will use a bank loan with an annual interest rate of $4\mathrm{.}5\%$ to secure it$.$ The crane

costs $$750,000$ to purchase. To the nearest dollar, what would be the monthly

payment on a $7-$year loan for this crane?

A$.$ $$12,223$

B$.$ $$10,425$

C$.$ $$9,456$

D$.$ $$8,928$