Problem #3: Suppose you borrow $2596 from the bank and that this loan requires semiannual payments of interest in addition [3 marks] to repayment of the principal in 26 years. Suppose also that you intend to accumulate the principal for repayment in 26 years through level semiannual deposits into a sinking fund earning interest at a nominal annual rate of 1% compounded semiannually. If your total cash outlay per semiannual period is $4200 then determine the semiannual interest payment. (A) 4122.16 (B) 4156.16 (C) 4105.16 (D) 4173.16 (E) 4139.16 Problem #3: Select