Please Solve Question 23

Question 22 Joseph bought a town house in Northriding for R700 000 He o secire a loan for the outstanding amount The term of the loan 19 20 years and the interest rate 1s nxed at 7,75% per year, compounded monthly Calculate Joseph's minimum monthly payment to the pad a deposit of R100000 and managed ncarest cent 1] R1 050,69 2 R35 524,30 3) R4 925,69 4 R2500,00 Question 23 Refer to Joseph's loan in question 22 above How much will the townhouse.cost Joseph in total the 20 years, depost included? Give the answer to the nearest rand 1 R1 282 166 2] R1 182 166 (3 R198 514 4) R2676 490