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Ava takes out a 20-year home loan of $300,000 from her bank. The interest rate is 3.6% p.a. compounded monthly. Ava needs to repay $1,755.33

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Ava takes out a 20-year home loan of $300,000 from her bank. The interest rate is 3.6% p.a. compounded monthly. Ava needs to repay $1,755.33 at the end of each month. Which of the following gives the loan outstanding at the end of year 7 (Only one correct answer)? (2 marks) 300000*(1.003)^84-1755.33/0.003"(1.003-84-1) 01755.33/0.003*(1.003-84-1) ONone of the options gives the correct answer 0300000"(1.003)"84-1755.33/0.003"(1-1.0031-84) 01755.33/0.003*(1-1.0034-84) If the retrospective method is used to find the loan outstanding balance at the end of year 7. The answer should be (1 mark. Round your answer to 2 decimal places. Do not put unit. Do not use comma separators. E.g. 1234.56) Please answer all parts of the

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