day is 1 July 2021. You are looking to purchase an investment property today (after months of search and negotiations). You have spoken to Peter, the loan specialist at Harrison Bank, to nego e terms of your mortgage. You and Peter have agreed to the following terms: You will borrow 190,000 today in order to purchase your chosen property. This mortgage will be repaid by level onthly repayments. Your first repayment to the bank will occur exactly 1 month from today, on 1 ugust 2021, and the final repayment will occur exactly 24 years from today, on 1 July 2045. Peter ranged for an interest rate of 3% p.a. effective to be locked in for the life of this loan. Calculate the size of the level monthly repayment needed in order to fully repay the loan by 1 Jul 045. Give your answer to the nearest cent, and do NOT include a dollar sign Determine the value of L12, Give your answer to the nearest cent, and do NOT include a dollar s

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