urgent

Mr. G wishes to borrow $12,000 from an unsecured personal line of credit for a year and your bank quotes you an annual interest rate of 3 percent, compounded semi-annually. - The effective annual interest rate of your loan will be should keep two decimal places and do not type \% again) - Your interest payment per year will be \$ If Mr. F's borrowing amount $12,000 is charged at a rate of 3 percent but calculated on a daily basis. Mr. F is required to pay a minimum of 3 percent of the remaining loan balance every month. What would be Mr. F's first monthly loan payment? Assume a 30-day month and a 365-day year. - Mr.F's first monthly loan payment is $ Calculating monthly interest in a line of credit: Interest =BAPR(n/365)