A student takes out a loan of $2,400 at the beginning of each semester (semi-annually) for 9 semesters to pay for college. The loan charges 5.8% interest compounded semiannually. The student graduates after the 9 semesters and refinances the loan to a lower 5.1% 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 The monthly payment is $ (Round to the nearest cent as needed.) The total amount of interest paid is. $(Round to the nearest cent as needed.).