please use the calculator and show me how you did it

11. (5 pts) Tiner Leasing Company purchased specialized equipment from Ered Company on December 31,2019 for $800,000. On the same date, it leased this equipment to Tears Company for 6 years, the useful life of the equipment. The lease payments begin January 1,2020 and are made every 6 months. Tiner Leasing wants to earn 98 annually on its investment. (a) Calculate the amount of each rent. (b) How much interest revenue wil1 Tiner earn in 2020? $