Chris bought a car for $24,000 by making a downpayment of $6,000 and biweekly (every two weeks) payments at the end of every two weeks for 7 years. Interest is 2.56% compounded semiannually. 1. What are the biweekly (every two weeks) payments, rounded to the nearest cent? P/Y = CNY = N= I/Y - PV = $ PMT = $ FV = $ 2. What is the cost of financing? Cost of Financing = $ (enter a positive value, rounded to the nearest cent) Submit