The Omega Venture Group needs to borrow to finance a project. Repayment of the loan involves payments of $9,780 at the end of every year for five years. No payments are to be made during the development period of two years. Interest is 7% compounded monthly. (a) How much should the Group borrow? (b) What amount will be repaid? (c) How much of that amount will be interest? a) The Group should borrow $__(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)