A leading manufacturer of Corporate Apparel has decided to undertake a new project with an estimated cost of $7.5m. In addition, establishment expenses of 1.1% of the purchase price, plus estimated legal expenses of $35 000 are payable. The total cost to purchase the property will be financed by $500 000 of the firm's own funds plus a mortgage for the remaining finance needs from Westpac. The bank offers a mortgage loan at 5.5 % per annum. The loan will be amortised by weekly instalments over the next 25 years, payable at the end of each month. What is the amount of each weekly instalment?