[-/1 Points) DETAILS HARMATHAP11 6.5.020. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER John Fare purchased $6,000 worth of equipment by making a $1000 down payment and promising to pay the remainder of the cost in semiannual payments over the next 4 years. The interest rate on the debt is 8%, compounded semiannually. Find the following. (Round your answers to the nearest cent.) (a) the size of each payment $ (b) the total amount paid over the life of the loan $ (c) the total interest paid over the life of the loan $