Gregory secured a lease on a machine by paying $1,300 as a down payment and then $250 at the beginning of every quarter for 5 years. Assume that the cost of financing is 4.70% compounded quarterly. a. What was the principal amount of the loan? $0.00 Round to the nearest cent b. What was the cost of the $0.00 Round to the nearest cent C. What was the amount of interest paid over the term? $0.00 Round to the nearest cent