[填空题]
Olivia takes a mortgage (loan) of 250c+,+nlfh 6oux3txn :e000 to buy an apartment in Sydney. Ir9r )mav +dry hp86m5pnterest on the loan accumulates at the rate of 3.49 % pmr+rh8rp695a vp md y)er year, compounded semi-annually. Olivia agrees with the bank to amortise the loan in monthly payments, made at the beginning of each month.
1.Given that the loan is to be amortised over 30 years, find:
1.1.the monthly payment amount;
Hence the amount of monthly payment is .
1.2.the total amount paid in amortising the loan.
The total amount that has been paid in amortising the loan is≈ .
2.Olivia has the capacity to increase her monthly payments by $85. Justify to Olivia why this may be a smart financial choice.
Olivia will save (≈) years.
