a loan of $100,000 is made today. this loan will be repaid by 10 level repayments, followed by a final smaller repayment, i. e., there are 11 repayments in total.

the first of the level repayments will occur exactly 2 years from today, and each subsequent repayment (including the final smaller repayment) will occur exactly 1 year after the previous repayment. explicitly, the final repayment will occur exactly 12 years from today.

if the interest being charged on this loan is 3.6% per annum compounded half-yearly, and the final smaller repayment is $270,

(c) calculate the amount of the level repayments.