Consider a home loan of RBS$0000$ os which interest is charged at $6\mathrm{.}5\%$ per annim. The loan needs to be setlieit in $20$ years. The bank compousds formightly and the repayments are fortmightiy. Given that I year is approximately equal $1026$ fortaigltses.

$(5\mathrm{.}1)$ Detertsine the interest rate per fortnight in percentage form.

$(5\mathrm{.}2)$ What is the repayment per fortnight?

Consider a home loan of R$850000$ on which interest is charged at $6\mathrm{.}5\%$ per anmum. The loan neets so te sentied in $20$ years. The bank$-$compounds fortuiphtly and the repuyments are fortnightly. Given thut lycar in approximately equal to $26$ fortnights.

$(5\mathrm{.}1)$ Determine the interest rate per fortnight in percentage form.

$(5\mathrm{.}2)$ What is the repayment per formight?