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IN /H Kavita borrowed Australian Dollar (AUD) 520,000 from a bank with an annual interest rate of www. 6.75% compounded every month. Kavita wanted to

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IN /H Kavita borrowed Australian Dollar (AUD) 520,000 from a bank with an annual interest rate of www. 6.75% compounded every month. Kavita wanted to pay off the loan in 20 years. Find her monthly loan payment accurate to 2 decimal places. Calculate the balance of Kavita's loan at the end of 10 years accurate to 2 decimal places. N At the beginning of the 121st month, Kavita made an extra payment of AUD 50,000 to the bank. Find the number of payments that Kavita will have to make to settle the remaining of her loan

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