You are to repay a loan of R45000 over 360 months. If interest rate is 24% per annum compounded monthly

(a)What is the monthly repayment

(b)Calculate the balance at month 44

(c)If the residual value is R4000 determine the monthly repayment

(d)Given a residual value of 0, determine the interest paid between months 25 and 36

(e)Determine the principal paid between months 36 and 60.

(f)What is the interest paid during the 48^th period

(g)If the initial payment is R900.72 and payments between months 15 and 20 are suspended. Determine the new payments to repay the loan over the remaining 340 months

(h)If payments between months 13 and 24 inclusive, are to be suspended, determine the initial payment to repay the loan in the 360 months

(i)If the payments after month 60 is to be 2 times that of the initial payments, determine the initial payment