3. Matt is laying new floors in three rooms of his house and wants to make a single payment of no more than $12 000 a) What is the most that Matt can borrow? that he will not have to pay back for 18 months. The a the loan is 4.9%, compounded quarterly. On the rate fr b) How much interest will Matt pay on his loan: nths. Ihe interest fu maturity date needs maturitv la a loan for rate , M