3.2 Rudy buys a piece of land for N$1,100,000. He makes 20% down payment and for the balance he takes a loan for 25 years that charges an annual interest rate of 5% compounded monthly. Find the 3.2.1...

Extracted text: 3.2 Rudy buys a piece of land for N$1,100,000. He makes 20% down payment and for the balance he takes a loan for 25 years that charges an annual interest rate of 5% compounded monthly. Find the 3.2.1 Monthly payments.. 3.2.2 Total amount of interest that will be paid 3.2.3 Amount of the loan that he would have paid after 10 years