The malcoms secured a bank loan of $288,000 to help finance the purchase of a house. The bank charges interest at a rate of 5%/year on a unpaid balance, and interest computations are made at the end of each month. The Malcoms have agreed to repay the loan in equal installments over 25 years. What should be the size of each repayment if the loan is to be amortized at the end of the term