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3600 3600 0.0045 [1 - (1 +0.0045)-21 Daisy takes out a 40-year home loan at an interest rate of 5.4% p.a. compounded monthly. Daisy needs
3600 3600 0.0045 [1 - (1 +0.0045)-21 Daisy takes out a 40-year home loan at an interest rate of 5.4% p.a. compounded monthly. Daisy needs to repay$3600 at the end of each month to pay off the loan on time. Daisy wants to use the following formula to work out the interest paid in the 16th year. 3600 0.0045 * [1 (1 +0.0045) Calculate the following variables in the formula above: Show your answer as an integer (positive or negative). Do not include units like "years" or "months" (number only). Do not use comma separators. For example, 123456 would be the correct format (1 mark) n2= (1 mark) ng (1 mark)
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