A certain college graduate borrows 8661 dollars to buy a car. The lender charges interest at an annual rate of 12%. Assuming that interest is compounded continuously and that the borrower makes payments continuously at a constant annual rate k dollars per year determine the payment rate that is required to pay off the loan in 6 years. Also determine how much interest is paid during the 6-year period. Round your answers to two decimal places. Payment rate Interest paid I dollars per year dollars