Use the appropriate amortization formula to find (a) the monthly (n = 12) payment on a loan with the given conditions and (b) the total interest that will be paid during the term of the loan. $10, 600 is amortized over 8 years at an interest rate of 11.4%. (a) The monthly payment is $................ (Round to the nearest cent.) (b) The total interest paid is $.................... (Round to the nearest cent.)