Determine the periodic payment for a loan of $25,000 borrowed at 8% for 5 years, with monthly payments. Round your answer to the nearest cent.

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Name: Determine the periodic payment for a loan of $25,000 borrowed at 8% for 5 years, with monthly payments. Round your answer to the nearest cent. $__________
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Determine the periodic payment for a loan of $25,000 borrowed at 8% for 5 years, with monthly payments. Round your answer to the nearest cent.
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The Answer of Determine the periodic payment for a loan of $25,000 borrowed at 8% for 5 years, with monthly payments. Round your answer to the nearest cent.
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Determine the Periodic Payment for a Loan of $25,000 Borrowed