Assume Jelly ltd, a UK-based MNC, obtains a one-year loan of 1,500,000 Malaysian ringgit (MYR) at a nominal interest rate of 7 per cent. At the time the loan is extended, the spot rate of the ringgit is £0.14. If the spot rate of the ringgit in one year is £0.16, the pound amount initially obtained from the loan is £____, and £____ are needed to repay the loan.