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An employee is loaned $ 375,354 pesos to pay them over 4 years, at an interest rate of 2.3% per quarter. The loan will be

An employee is loaned $ 375,354 pesos to pay them over 4 years, at an interest rate of 2.3% per quarter. The loan will be repaid in equal installments at the end of the quarter. What is the magnitude of the quarterly fee?

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