The Omega Venture Group needs to borrow to finance a project. Repayment of the loan involves payments of $$$$3$ comma $540$ at the end of every six months for four years. No payments are to be made during the development period of seven years. Interest is $5\%$ compounded quarterly.

$($a$)$ How much should the Group$$ borrow?

$($b$)$ What amount will be$$ repaid?

$($c$)$ How much of that amount will be$$ interest?

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Part $1$

$$a$)$ The Group should borrow $$$

$$

enter your response here.

$($Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as$$ needed.$)$