Your student loan, taken out five years ago, wa in the amount of $20,000 with the annual interest rate of 5% compounded monthly over those five years. Because it is a student loan, you did not make any payments until now. You just graduated and your payment starts at the end of each month starting at the end of this month. If you plan to pay back the loan in 5 years, how much is your monthly payment?

• $333.81
• $484.37
• $830.56
• $1,105.33
• None of the above