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You bought a car for $24,000. You paid $2000 down payment. The rest of money will b borrowed from a bank with annual interest rate

You bought a car for $24,000. You paid $2000 down payment. The rest of money will b borrowed from a bank with annual interest rate of 9% compounded continuously. The loan will be pai back with a series of equal end-of-quarter payments for the next 5 years. 



What will be the equal end-of quarter payment?

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