Present value with periodic rates. Cooley Landscaping needs to borrow $$$$32,000$ for a new$$ front$-$end dirt loader. The bank is willing to loan the money at $8\%$ interest for the next $6$ years with annual$,$ semiannual$,$ quarterly$,$ or monthly payments. What are the different payments that Cooley Landscaping could choose for these different payment$$ plans?