$3\mathrm{.}34$ Suppose you borrowed $$12,000$ at an interest rate of $8\%,$ compounded monthly over $36$ months.

At the end of the first year $($after $12$ payments$),$ you want to negotiate with the bank to pay off the

remainder of the Joan in eight equal quarterly payments. What is the amount of this quarterly

payment, if the interest rate and compounding frequency remain the same?