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Kuley just borrowed $24,170 from the bank. He plans to repay this loan by making equal semi-annual payments for 18 half years. If the interest

Kuley just borrowed $24,170 from the bank. He plans to repay this loan by making equal semi-annual payments for 18 half years. If the interest rate on the loan is 7.32 percent per year and he makes his first semi-annual payment later today, then how much must Kuley pay to the bank each half year? Round your answer to the nearest cent (for example, 123.45 or 98.76).

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