Question: A $ 3 0 , 0 0 0 new car loan is taken out with the terms 1 2 % APR for 4 8 months.

A $30,000 new car loan is taken out with the terms 12% APR for 48 months. How much are monthly payments on this loan?
A. $1,027.02
B. $790.02
C. $948.02
D. $869.02
 A $30,000 new car loan is taken out with the terms

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