You want to buy a new sports car from Roy's Cars for $51,800.The contract is in the form of a 48-month annuity due at a 9.2 percent APR.What will your monthly payment be?
A) $1,284.13
B) $1,309.29
C) $1,345.70
D) $1,352.98
E) $1,384.32
Correct Answer:
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