Calculate the uniform payment that would payoff a R300000, 5 year loan with an interest rate of 11%, that includes a provision which allows the borrower to suspend all year 2 payments while still paying off in the prescribed loan term.

All answers to 2 decimal places

1. Total uniform payment would be?

2.Total payments for the loan would?

3. Total interest would be?

4. Balance at month 47 would be?