Question: Emma borrows 3 0 0 0 0 dollars from a bank that charges interest at an annual rate of 5 percent, compounded monthly. Calculate the

Emma borrows 30000 dollars from a bank that charges interest at an annual rate of 5 percent, compounded monthly. Calculate the monthly payment that Emma would have to make in order for the loan to be paid off after exactly 25 years. (Give your answer, in dollars, to the nearest cent. You should not include the dollar sign or any commas in your answer.) monthly payment:
Emma borrows 30000 dollars from a bank that charges interest at

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