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    3. A short-term loan of $11,000 for 3 years has a flat rate of 6% per annum. Calculate the monthly payment and the total amount repaid. Also calculate the effective rate of interest.
    A short-term loan of $11,000 for 3 years has a flat rate of 6% per annum. Calculate the monthly payment and the total amount repaid. Also calculate the effective rate of interest.

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    -1  Views: 685 Answers: 3 Posted: 14 years ago
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      3 Answers

      Do your own home work
      14 years ago. Rating: 0
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        How many questions in you Maths homework? When you're counted them, do them.
        14 years ago. Rating: 0
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          bugger off i'm a poet not a know it
          14 years ago. Rating: 0
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