10 years ago, you bought a house worth 300,000 and you paid a 20% deposit at that time and borrowed 80% of the price from the bank with an annual interest rate of 2%. You decided to pay this mortgage in equal instalments every month for 30 years. Assume the interest rate is constant through the life of the loan. Please answer the questions below: (a) What is your monthly repayment? [6] (b) What is your current outstanding balance of the mortgage immediately after the instalment paid at the end of year 10? [6] (c) What is the portion of interest and repaid principal in the monthly payment you should pay the following month immediately after the instalment paid at the end of year 10? [6] (d) If you want to pay less interest, you choose to pay fortnightly immediately after the instalment paid at the end of year 10 instead of monthly payment, what will be the payment every two weeks from now? [7]