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22. What is the monthly cost of a $40,000 loan for five years at an interest rate of 5%, compounded monthly? Submit your answer with

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22. What is the monthly cost of a $40,000 loan for five years at an interest rate of 5%, compounded monthly? Submit your answer with no currency symbols, - signs, or commas to rounded dollar (i.e $1355.22 is 1355)

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