document.write( "Question 19173: You have borrowed $200000 at 7% p.a taken over 25 years
\n" ); document.write( "a)How much is the standard monthly payment?
\n" ); document.write( "b)How much interest is paid over the term of the loan?
\n" ); document.write( "c)If you make fortnightly payments ( Half the monthly payment paid every two weeks)-
\n" ); document.write( "a. What will the new term of the loan be?
\n" ); document.write( "b. How much interest will be paid over the term of the loan?
\n" ); document.write( "d) If your standard FORTNIGHTLY repayment is increased by $50 per fortnight.
\n" ); document.write( "a. What is the new term of the loan?
\n" ); document.write( "b. How much interest will be paid over the term of the loan?
\n" ); document.write( "e) If you make fortnightly payments with an extra one off payment of $1000 made at the end of the first year.
\n" ); document.write( "a. What is the new term of the loan?
\n" ); document.write( "b. How much interest will be paid over the term of the loan?\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "(dear maths people,
\n" ); document.write( "i am a Maths-A student just finishing grade 10 and this is the first part of an assignment that has been given out. i have absolutely no clue what to do and have studied the site http://www.maths-help.co.uk/Knowldge/Num/Repay/Question.htm
\n" ); document.write( "and to me it seems like dutch. i know what you will say is that i should have been listening in class but thats what the problem is i have got a girlfriend and i sit next to her in every lesson and find it realy hard to concentrate seeing that i am new to the whole 'girl' thing and i am currently being threatened from my dad that if i dont get at least B- like normal i will go to a state school and i really dont want to bcoz then i cant see pettra. i understand that you guys would be experts in maths and might think i am some sort of rebellious kid that does no work and is just trying to cheat or something but i can honestly say that i am not, i have really tried all through high school to get my best results and even got a distinction in science and high distinction in mathematics in grade 8 (my good year) but i have failed to keep up with my work at this fatal part of my schooling life and am asking for just one chance because i really am falling apart. i have 2 weeks left and this assignment is due in tomorow (12:46am now) and i will spend the rest of the night doing a part of this assignment i know. my mum is in hospital at the moment (no jokes) because of a lap band (puts a band around ur stomach to lose weight) and has 360 stitches and got her belly button replaced because she is getting her loose skin cut off so therefore i have no way of getting parental help because my dad works full time and comes home eats then sleeps redy for the morning(and isnt bright anyway) so i am just asking if you could please help me out here i need to show full working and can use a loan calculator and i also had to choose 3 loans to do i got lambs fixed and variable, the rock home loan and commonwealth bank loands if that makes any sense:S but yeh i will send you my report at the end of the year of you help me with this and will stay in touch and recomend you to my friends (not for a cheap way out, for a place to find how to do stuff) anywayz thanks for your time guys/girls and i hope you have a great christmas
\n" ); document.write( "from james,Australia
\n" ); document.write( "

Algebra.Com's Answer #9367 by xcentaur(357)\"\" \"About 
You can put this solution on YOUR website!
You have borrowed $200000 at 7% p.a taken over 25 years
\n" ); document.write( "SIMPLE or COMPOUND interest?
\n" ); document.write( "That changes the entire question,do write back.
\n" ); document.write( "


\n" ); document.write( "So many questions are posted every day so it took a while to get to this question,do write back and we'll answer it asap.
\n" ); document.write( "


\n" ); document.write( "Best of luck,hope you're alright
\n" ); document.write( "-Prabhat \n" ); document.write( "

\n" );