Ursula wants to buy a $19,000 used car. She has savings of $2,000 plus an $800 trade-in. She wants her monthly payments to be about $282. Which of the following loans offers monthly payments closest to $282?
A) 7.8% APR for 36 months
B) 7.8% APR for 48 months
C) 7.8% APR for 60 months
D) 7.8% APR for 72 months
Correct Answer:
Verified
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