structor-created question Question Help student takes out a ton of $1,700 at the beginning of each semester (manually for someters to pay for college The charges 7.6% interest compounded semiannusty The student graduates after the 7 semesters and refinances the loan to a lower 74% rate compounded monthly with monthly payments trade at the end of each month for 120 months. Find the monthly payment and the total Interest paid The monthly payment is 8 Round to the nearest contas needed) The total amount of vierest paid is (Round to the nearest bent as onded)