On January 1. Yumati Electric borrows $400,000 at an interest rate of 6% today and will repay this amount by making 18 semiannual payments beginning May 31 . What is the approximate amount of each payments that Yumati will need to make? (Use spreadsheet software or a financial calculator to calculate your answer. Do not round any intermediary calculations, and round your final answer to the nearest dollar.) A. $22,222 B. $29.083 C. $36,943 D. $24,000