Question: A $ 6 3 , 0 0 0 loan is taken out on a boat with the terms 1 2 % APR for 3 6

A $63,000 loan is taken out on a boat with the terms 12% APR for 36 months. How much are the monthly payments on Bis loan?
A. $2,092,50
B. $2,720.25
C. $2,301.75
D. $2,511,00
A $ 6 3 , 0 0 0 loan is taken out on a boat with

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