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Marie Curie borrowed $372,000 from the bank at 5.416% p.a. compounded twice a year to purchase an apartment. The terms of the loan stipulated that

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Marie Curie borrowed $372,000 from the bank at 5.416% p.a. compounded twice a year to purchase an apartment. The terms of the loan stipulated that monthly payments be made over 25 years with the first payment in exactly one month. a. What is the principal portion of the 37" repayment? [6] b. What is the total interest paid during the second year (ice of payment #12 to 124)? c. Who is/was Marie Curie? [0] a There is correction In part b. It is of payment #13 to #24

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