[填空题]
Edward wants to buy a new car,g5yge51 xjy5ma e y:t6 and he deu7f 2:et e. 3zikixc3ccides to take out a loan of 70000 Australian dollars from a bank. The loan is for 6 years, with a nominal annual interest rate of 7.2%, compounded monthly. Edward will pay the loan i3c .eux:i3 27 eitfkzcn fixed monthly instalments.
1.Determine the amount Edward should pay each month. Give your answer to the nearest dollar.
Hence Edward should pay each month.
2.Calculate the amount Edward will still owe the bank at the end of the third year.
Therefore the outstanding balance is
