Present and future value tables of $1 at 3% are presented below: 1 1.03000 0.97087 2 1.06090 .94260 3 1.092730.91514 4 1.12551 0.88849 5 1.15927 0.86261 6 1.194050.83748 7 1.22987 0.81309 8 1.26677 0.78941 9 1.304770.76642 10.1591 7.7861110.4639 8.01969 10 1.34392 0.7440911.4639 8.53020 1 11 1.38423 .7224212.8078 9.25262 13.1920 9.53020 12 1.42576 0.70138 14.1920 9.95400 14.617810.25262 13 1.46853 0.68095 15.617810.63496 16.0863 10.95400 14 1.512590.66112 17.0863 11.2960717.5989 11.63496 15 1.557970.64186 18.5989 11.93794 19.1569 12.29607 16 1.60471 0.6231720.156912.56110 20.7616 12.93794 1.0000 0.97087 2.0300 3.09092.82861 4.1836 3.71710 5.3091 4.57971 6.4684 5.41719 7.6625 6.23028 8.8923 7.01969 1.0300 1.00000 2.0909 1.97087 3.1836 2.91347 4.3091 3.82861 5.4684 4.71710 6.6625 S.57971 7.8923 6.41719 9.1591 7.23028 1.91347 11.8078 8.78611 Micro Brewery borrows $230,000 to be repaid in equal installments over a period of eight years. The loan payments are semiannual with the first payment due in six months, and interest is at 6%. what is the amount of each payment