Question 3 Iman commits a loan of RM100,000 at an effective interest rate of 5% per annum for twenty five years. She agrees to make annual payments of loan as follows:- the principal amount of instalments is fixed by way of dividing the amount of loan with the duration of agreed loan, the amount of interest is charged from the outstanding balance of each year. (a) Compute, The amount of interest due in the tenth instalment. the total payment at tenth instalment. the balance of the loan after ten years. After ten years, she then decides to make the remaining fixed yearly instalments of the loan for the next ten years. At an effective interest rate of 5%, calculate, (0) the annual fixed instalment of her loan after ten years. (ii) total amount of interest that she has paid over twenty five years