Wayne borrowed money to purchase his$$ son's hockey equipment. He made$$ month$-$end loan payments of $$$$64$ for two years on a loan that charges interest at $7\mathrm{.}1\%$ compounded monthly. Roberto also borrowed money to purchase his$$ daughter's hockey equipment. He made loan payments of $$$$154$ at the end of each quarter for two years on a loan that charges interest at $5\mathrm{.}8\%$ compounded quarterly. What was the cash price of each of the sets of hockey$$ equipment, and which parent paid$$ less?

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Part $1$

The cash price for$$ Wayne's son's hockey equipment is $$$

$$

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