[填空题]
Olivia takes a mortgage (loan) of 25000 ikmwbx2 dx(1j2jr 32x0 to buy an apartment in Sydney. Interest2(jrxwbdxjk 3ixm122 uzu,z 4v1 ga,koy(4 ls on the loan accumulates at the rate of 3.49 % per year, compounded semi-annually. Olivia agrees with the bank to amortise the 1(guz4v , zoslauk4 y,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.
