A student takes out a loan of $1,300 at the beginning of each semester (semi-annually) for 11 semesters to pay for college. The loan charges 6.6% interest compounded semiannually. The student graduates after the 11 semesters and refinances the loan to a lower 5.9% rate compounded monthly with monthly payments (made at the end of each month) for 120 months. Find the monthly payment and the total interest paid.