You want to buy a new sports car from Muscle Motors for $$58,000.$ The contract is in the form of an annuity due for $48$ months at an APR of $8\mathrm{.}50$ percent.

What will your monthly payment be$?$

Multiple Choice

$$1,447\mathrm{.}94$

$$1,348\mathrm{.}57$

$$1,391\mathrm{.}16$

$$1,419\mathrm{.}55$

$$1,429\mathrm{.}60$