In 1997 Justin bought a three bedroom house for R480 000 He paid a deposit of R150 000 and secured a loan for the outstanding amount The yearly interest rate on the loan was 24%, compounded monthly, and the term was 20 years Determine the outstanding amount at the end of the tenth year if Justin had done all monthly payments in full and the interest rate stayed fixed on 24% per year for the whole period R439 201,59 R301 951,08 R329 370,97 [1] 2] [3] [4] R0,00