Question: After graduating with a master's degree, Shania combined all of her student loans into a single loan of $25,000.00 with an interest rate of

After graduating with a master's degree, Shania combined all of her student loans into a single loan of $25,000.00 with an interest rate of 4.2% compounded quarterly. If she is planning to pay off the loan in 8 years, what will her quarterly payment be? The quarterly payment would be $ (Round to 2 decimal places.)
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