Task (following on from the previous part): Find the total capital repaid and interest paid in the first and last month, respectively. Task: A loan of 4,000 is to be repaid over 5 years by a level annuity payable monthly in arrears. The amount of the monthly payment is calculated on the basis of an interest rate of 1% per month effective. Find the monthly repayment. Task (following on from the previous part): Find the total capital repaid and interest paid in the first and last month, respectively. Task: A loan of 4,000 is to be repaid over 5 years by a level annuity payable monthly in arrears. The amount of the monthly payment is calculated on the basis of an interest rate of 1% per month effective. Find the monthly repayment