Art's Market borrows $25,000 for three years at 8 percent. Payments are quarterly. Which of these inputs correctly computes the payment amount?

Art's Market borrows $25,000 for three years at 8 percent. Payments are quarterly. Which of these inputs correctly computes the payment amount? Click the answer you think is right. N = 12; 1 = 8/4; PV = 25,000; FV = 0; CPT PMT N = 12; 1 = 8/4; PV = 0; FV = 25,000; CPT PMT N = 12; 1 = 8/3; PV = 25,000; FV = 0; CPT PMT N = 4; 1 = 8/4; PV = 25,000; FV = 0; CPT PMT