To finance the expansion of your business, you borrowed RM $227,540$ at a $5\mathrm{.}28\%$ p$.$a$.$

nominal rate of interest to be repaid over eight $(8)$ years. The loan is amortised into equal

end$-$of$-$month payments.

a$)$ Calculate each end$-$of$-$month loan payment. Round to two $(2)$ decimal places.

b$)$ Based on your working on an amortisation table, how much principal and interest

would have your company paid after the first four $(4)$ months of payments? Round to

two $(2)$ decimal places.

c$)$ How much extra interest in total if you choose a term loan of $10$ years? Round to two

$(2)$ decimal places.