Question: Question 9 10 pts Consider a $25,000, three-year loan at an interest rate of 4%, payments to be made monthly. What is the monthly payment

Question 9 10 pts Consider a $25,000, three-year loan at an interest rate of 4%, payments to be made monthly. What is the monthly payment using add-on interest? Note: Show your answer in units of dollars, use plain numbers with at least two digits after the decimal (e.g, for $12,345.67, type 12345.67)

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