(a) Mr. Bill wants to buy a house at the price of $2,000,000 which will be settled by regular payments of $10,000 at the end of each month for as long as necessary, if a drop payment is made. The effective interest rate is 4% p.a. 

(i) Determine the amount of the final payment. 

(ii) Set up a partial amortization schedule to show all the entries of the last two payments. Show how to calculate each entry.