Ellery purchases a home with a loan of R$149000.$ The $30-$year loan term and $7,5\%$ interest rate apply to the home loan. Every month, payments are made. How much interest will he pay overall if he purchases the house in accordance with the terms of the loan?

a$.$

R$486160$

b$.$

R$138086$

c$.$

R$375489$

d$.$

R$226059$

Question $10$

You are scheduled to receive annual payments of R$4800$ during each of the next seven years. The discount rate is $8\%.$ What is the difference in the present value if you receive these payments at the beginning of each year rather than at the end of each year?

a$.$

R$51980,39$

b$.$

R $1999,25$

c$.$

R$24990,57$

d$.$

R$26989,82$