Eve borrows $$15000$ today. The loan is to repaid by monthly payments of $$310,$ the first payment is due one year from today. If

j

$12$

$=9\mathrm{.}3\%,$ determine each of the following:

$($a$)$ The number of full payments required.

Answer: full payments

$($b$)$ The size of the final smaller payment.

Answer: $