Tan Company purchased a large server for $20,500. The company paid 30.00% of the value as a down-payment and received a loan for the balance at 5.25% compounded monthly. The loan has a term of 7 years and Tan Company has to make month-end payments to settle the loan.

a. What is the size of the month-end payments? $0.00 Round to the nearest cent

b. What was the total amount paid to settle the loan? $0.00 Round to the nearest cent

c. Calculate the total amount of interest paid throughout the term of the loan. $0.00 Round to the nearest cent