How Would We Interpret the Coefficient of Determination R²

How would we interpret the coefficient of determination R²?

A) Approximately 46% of the time,the dollar value of the loans is determined by these three variables.
B) Approximately 46% of the observations lie within 1 standard deviation of the regression line.
C) Approximately 46% of the variation in the total dollar amount of loans can be explained by the variation in these three variables.
D) Approximately 46% of the total dollar amount of loans is explained by these three variables.

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