The amount of the equal, annual, end-of-year payment, CF, is $ (Round to the nearest cent.)

Loan payment Determine the equal, annual, end-of-year payment required each year over the life of the loan shown in the following table to repay it fully during the stated term of the loan. in order to copy the contents of the data table below into a spreadsheet.) on the icon here (Click Principal $12,000 Interest rate 8% Term of loan (years) 3 C] (Round to the nearest cent.) The amount of the equal, annual, end-of-year payment, CF, is $