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A loan of $ 3 4 , 2 0 0 . 0 0 at 5 . 5 0 % compounded semi - annually is to

A loan of $34,200.00 at 5.50% compounded semi-annually is to be repaid with payments at the end of every 6 months. The loan was settled in 5 years.
a. Calculate the size of the periodic payment.
$3,645.25
$4,537.24
$3,958.30
$4,341.38
b. Calculate the total interest paid.
$5,383.00
$39,583.00
$1,424.70
$9,341.30
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