in the following way A loan of S26,000 is paid off in 36 payments at the end of each month Payments of S650 are made at the end of the month for the first 12 months. Payments of S650 +x are made at the end of the month for the second 12 months. Payments of $650 + 2r are made at the end of the month for the last 12 months. What should x be if the nominal monthly rate is 1 1%