When Albertina opened her law office, she bought $12,000 worth of law books and $7300 worth of furniture. She paid $1100 down and agreed to amortize the balance with semiannual payments for 5 years at 12% compounded semiannually. Find the amount of each payment. Then use the formula for the remaining balance to find the number of remaining payments when the loan has been reduced below. $9000. What is the amount of each payment? $ (Round to the nearest cent as needed.)