"A company has borrowed 45,000 from a bank. The loan is to be repaid by level instalments, payable annually at the end of each year for 12 years. The annual instalments are calculated at an effective rate of interest of 0.07 per annum. The total amount of interest which will be paid over the full term of the loan is . At the beginning of the eighth year, immediately after the seventh instalment has been made, the company asks for the loan to be rescheduled over a further four years from that date.The bank agrees to do this on condition that the rate of interest is increased to an effective rate of 0.1 per annum for the term of the rescheduled instalments and that repayments are made quarterly. The amount of the new quarterly instalment is . The interest content of the second quarterly instalment of the rescheduled loan repayments is ."