When Albertina opened her law office, she bought $14,000 worth of law books and $7,000 worth of furniture. She paid $1,100 down and agreed to amortize the balance with semiannual payments for 5 years at 11% 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 $10,000. What is the amount of each payment? $ 2746 22 (Round to the nearest cent as needed.) How many payments remained when the loan had been reduced below $10,000