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Y8 a) Set Loan Amount of $800,000. (b) Set the Loan Period to 20 years. (c) Set the Loan Type to Introductory by clicking the

Y8

a) Set Loan Amount of $800,000. (b) Set the Loan Period to 20 years. (c) Set the Loan Type to Introductory by clicking the appropriate button. (d) Set the Ongoing Rate to 5.5%. (e) Set the Intro Rate to 4.25%. (f) Set the Intro Term to 2 years. (g) Set the Repayment Frequency to Fortnightly by clicking the appropriate button. (h) Under 'Your Repayment Details' set the Extra Contribution Per Payment to $500. (i) Set the Extra Contribution Starts After to 10 years. Please show the original fortnightly payment, time saved and interest saved

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