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(6 Marks. od in 1990 is 32'000. The populati #8. Ranti takes out a 30-year mortgage for $900'000 @ 2.4% per year compounded semi-monthly.

(6 Marks. od in 1990 is 32'000. The populati #8. Ranti takes out a 30-year mortgage for $900'000 @ 2.4% per year compounded semi-monthly. Calculate al model for the population Parky a) each semi-monthly payment. [4] the nearest hundred, in 1996. first exceed 80 000 b) the interest she pays. [2] (6 Marks)

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