A student takes out a loan of $1,700 at the beginting of each semester (semi-annualy) for 13 semesters to pay for college. The loan charges 7.2% interest compounded semiannual'y. The student graduates after the 13 semesters and refinances the loan to a lower 6.5% rate compounded monthly with monthy payments (made at the end of each month) for 120 months. Find the monthy payment and the total interest paid The monthly payment is 5 (Raund to the nearest cent as needed.) The fotal amount of interest paid is. 1 (Round to the nearest cent as needed.)