A car was purchased for $2740 down and payments of $294 at the end of each month for three years. Interest is 5%compounded semi-annually. What was the purchase price of the car? How much interest will be paid?

The purchase price of the car was $____

(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

The amount of interest that will be paid is $____