help with question 2 and 3

QUESTION 2: (4 MARKS) You are considering borrowing R10 000 for 3 years at an annual interest rate of 6%. The loan agreement calls for 3 equal payments, to be paid at the end of each of the next 3 years. (Payments include both principal and interest) REQUIRED: Determine the annual payment that will fully pay off (amortize) the loan. (4) (BCALI72, FORMATIVE ASSESSMENT 2, 2011) QUESTION 3: (5 MARKS) Bongani has borrowed R5 000 from his dad. He must pay back the loan over a period of 4 months. The effective interest rate is 10%. REQUIRED: Determine the size of the monthly payments that Bongani should make