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Arturo took out a loan for $16,600 from Scotiabank at 4.81% compounded semi-annually, and will be making payments at the end of every six months

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Arturo took out a loan for $16,600 from Scotiabank at 4.81% compounded semi-annually, and will be making payments at the end of every six months for the next 8.5 years to repay the loan. Answer the following questions, and round all answers to two decimal places if necessary. 1) What is the amount of each payment? PNY = CNY = N = I/Y = % PV = $ PMT = $ FV = $ 2) What is the total sum of money that Arturo will eventually pay to clear the loan? Total amount paid = $ (enter a positive value) 3) What will be the total interest amount paid? Interest paid = $ (enter a positive value)

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