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What is the MONTHLY payment on a $61 thousand, 26-year amortized loan. Assume the loan has a 4.5% APR. HINT: Make the adjustments to convert

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What is the MONTHLY payment on a $61 thousand, 26-year amortized loan. Assume the loan has a 4.5% APR. HINT: Make the adjustments to convert (1) the APR into a monthly periodic rate; and (2) N into the number of months Enter your answer as a number with two places of precision (i.e. 100.54). Do not use commas or the dollar sign. Do not enter your answer as a negative number

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