Use the loan payoff table to find the monthly payment and finance charge for the loan.
Amount financed: $60,642Number of months: 48APR: 8%
A. $1,340.79, $3,715.92
B. $1,660.38, $19,056.24
C. $1,480.27, $10,410.96
D. $1,509.38, $11,808.24
Answer: C
Mathematics
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