Question: please show work so i can learn how to do it. If you have explaination for TMV solver for ti 84 that would be awesome.

please show work so i can learn how to do it. If you have explaination for TMV solver for ti 84 that would be awesome.

A student takes out a Ioan of $2,2 at the beginnng of each semester (semi-annually) tor y semesters to pay tor college. I he Ioan charges I.4\% Interest compounded semiannually. The student graduates after the 9 semesters and refinances the loan to a lower 6.7% rate compounded monthly with monthly payments (made at the end of each month) for 120 months. Find the monthly payment and the total interest paid. The monthly payment is $ (Round to the nearest cent as needed.) The total amount of interest paid is. $ (Round to the nearest cent as needed.)

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