Mr Smith is struggling to repay his loan of K200,000 with payments of K4,279 made monthly in arrears for 5 years. (i) Find the amount of the level annual repayment. (ii) Hence, otherwise, calculate the APR of Mr Smiths loan, After exactly one year, a loan company oers to `help' Mr Smith by restructuring his loan with new monthly payments of K2,744.90 made in arrears. (iii) Assuming the company charges the same APR as Mr Smiths original loan, calculate the term of the new loan. (iv) Calculate how much more interest in total Mr Banda will pay on his restruc- tured loan than on his original loan.