a) Which method is used to calculate the monthly payment? Explain.

b) What is the monthly flat rate for a loan amount over HK$700,000?

c) What are the 24-month repayment amount and the APR based on every HKD10,000 loan amount?

Below shows the monthly repayment table of a personal installment loan. Loan Amount (HKD) Monthly flat rate Monthly Repayment Amount - Based on every HKD10,000 loan amount (APR) 12 Months 24 Months 36 Months 48 Months 60 Months HKD5,000 - HKD49.999 0.41% HKD874.40 (9.34%) HKD457.70 (9.57%) HKD318.80 (9.56%) HKD249.40 (9.49%) HKD207.70 (9.40%) HKD50.000 - HKD149,999 0.24% HKD857.40 (5.40%) HKD440.70 (5.57%) HKD301.80 (5.60%) HKD232.40 (5.59%) HKD190.70 (5.56%) HKD150.000 - HKD499.999 0.20% HKD853.40 (4.49%) HKD436.70 (4.64%) HKD297.80 (4.67%) HKD228.40 (4.66%) HKD186.70 (4.65%) HKD500,000 - HKD699,999 0.15% HKD848.40 (3.36%) HKD431.70 (3.47%) HKD292.80 (3.50%) HKD223.40 (3.50%) HKD181.70 (3.50%) HKD700,000 or above ??? HKD845.40 (2.68%) ??? HKD289.80 (2.80%) HKD220.40 (2.81%) HKD178.70 (2.81%) Below shows the monthly repayment table of a personal installment loan. Loan Amount (HKD) Monthly flat rate Monthly Repayment Amount - Based on every HKD10,000 loan amount (APR) 12 Months 24 Months 36 Months 48 Months 60 Months HKD5,000 - HKD49.999 0.41% HKD874.40 (9.34%) HKD457.70 (9.57%) HKD318.80 (9.56%) HKD249.40 (9.49%) HKD207.70 (9.40%) HKD50.000 - HKD149,999 0.24% HKD857.40 (5.40%) HKD440.70 (5.57%) HKD301.80 (5.60%) HKD232.40 (5.59%) HKD190.70 (5.56%) HKD150.000 - HKD499.999 0.20% HKD853.40 (4.49%) HKD436.70 (4.64%) HKD297.80 (4.67%) HKD228.40 (4.66%) HKD186.70 (4.65%) HKD500,000 - HKD699,999 0.15% HKD848.40 (3.36%) HKD431.70 (3.47%) HKD292.80 (3.50%) HKD223.40 (3.50%) HKD181.70 (3.50%) HKD700,000 or above ??? HKD845.40 (2.68%) ??? HKD289.80 (2.80%) HKD220.40 (2.81%) HKD178.70 (2.81%)