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After graduating with a master's degree, Chloe combined all of her student loans into a single loan of $16,000.00 with an interest rate of 5.2%

After graduating with a master's degree, Chloe combined all of her student loans into a single loan of $16,000.00 with an interest rate of 5.2% compounded quarterly. If she is planning to pay off the loan in 8 years, what will her quarterly payment be? The quarterly payment would be $ (Round to 2 decimal places.)

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