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Karen obtained a $ 3 6 , 0 0 0 loan at 3 . 5 % compounded semiannually. a - 1 . What monthly payment

Karen obtained a $36,000 loan at 3.5% compounded semiannually.
a-1. What monthly payment will repay the loan in 81/2 years? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
Monthly payment $
a-2. How much interest will Karen pay over the life of the loan? (Round intermediate calculations to 2 decimal places and round your final answer to the nearest dollar.)
Total interest $

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