[填空题]
Olivia takes a mortgage connoqwv/qc) r3 .adjs39 4:k (loan) of 250000 to banx:9z5 yuj a:e7jt 0puy an apartment in Sydney. Interest on the loan accumulates at the rate of 3.49 % per yx ae j0z:57apy:u j9ntear, 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.
