This questions are related to finance(Fundamentals of corporate finance 7th edition)

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Assignment - x u Take Test FNCE2005 x Curtin University (Curtin University of Technology) [AIJ] https://lms.curtin.edu.au/webapps/assessment/take/take.jsp?course_assessment_id 88150 1&course 77398 1&content id=_44S6791_1 Take Test: FNCE2005 Assignment Test Information Question Completion Status: Moving to another question will save this response uestion 10 Luke borrows $800,000 from ANZ to set up a medical practice. He agrees to pay a fixed interest rate of 12% per annum compounding monthly and to repay by equal monthly instalments over 20 years. a The monthly repayment is $8,808.69 and the outstanding is $778,186.85 after making 24 monthly repayments. O b. The monthly repayment is $107,103.02 and the outstanding is $776,461.59 after making 24 monthly repayments. O c None of the other answers are true. O d The monthly repayment is $8,808.69 and the outstanding is $776,461.59 after making 24 monthly repayments. O Moving to another question will save this response Windows Close Window @Question 10 of 23 1 points Save Answer Calculate the monthly repayment and the remaining loan after making 24 monthly repayments. @Question 10 of 23 Close Window g-_16 2017-05-01