A loan of $$$$8900$ is to be repaid with semiannual payments for $4$ years at $6\mathrm{.}9\%$ interest compounded semi dash annually. Calculate the semiannual payment.

Question content area bottom

Part $1$

The semiannual payment is $$$

$$

enter your response here.

$($Do not round until the final answer. Then round to the nearest cent as$$ needed.$)$