A company borrowed at 7.63% compounded monthly to purchase equipment, agreelng to make payments of $2.620 at the end of every three months for 16 payments. (a) What is the equivalent cash price of the equipment? (b) How much will be owed at the end of two years? (c) How much of the principal will be repaid within the first two years? (d) How much interest is paid during the first two years? (a) The cash price of the equpment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to sx decimal paces as needed.) (b) The amount cwed at the end of two yoars is 3 (Round the final anawer to the nearest cent as needed. Round all intermediate values to sx decimal places as needed.) (c) The amount of principal repaid is 5 . (Round the final answer to the nearest cent as needed. Round all interwediate values to sax decimal places as needed). (d) The interest paid is 3 (Round the fral anvwer to the nearest cent as needed, Round all intermediate vaues to six decimal places as needed)