A loan of $20,000 is to be financed over a period of 24 months. The agency quotes a nominal interest rate of 9% for the first 12 months and a nominal interest rate of 6% for any remaining unpaid balance after 12 months with both rates compounded monthly. At these rates, what equal end-of-the-month payment for 24 months would be required in order to repay the loan? (Choose the closest