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What monthly payment is required to pay off a $64,000 loan in seven years if the interest rate on the loan is 4.5% compounded: (Do

What monthly payment is required to pay off a $64,000 loan in seven years if the interest rate on the loan is 4.5% compounded: (Do not round intermediate calculations and round your final answers to 2 decimal places.)

Required payment
a. Annually $
b. Semiannually $
c. Quarterly $
d. Monthly $

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