Smith borrows $1,000 on July 1, 2014. Smith repays the loan with semi-annual payments (every Dec. 31 and June 30) beginning Dec. 31, 2014. The Dec. 31 payments are each $30 and the June 30 payments are each $60. Payments continue in this way for as long as necessary until the loan is completely repaid. A smaller final payment will be necessary one-half year after the final regularly scheduled payment. Ifi

(2) =.06 , the amount of the smaller final payment lies in which of the following intervals?