Question: please do not use excel A 5 , 0 0 0 loan is to be repaid in 3 6 equal monthly payments commencing one month

please do not use excel
A 5,000 loan is to be repaid in 36 equal monthly payments commencing one month from the date of the loan. The nominal annual interest rate is 12% compounded monthly. Commencing with the 13th payment, the monthly payments are increased by $50 and the number of monthly payments is decreased accordingly. The final payment may be smaller.
Determine which of the following is equal to the revised total number of monthly payments
please do not use excel A 5 , 0 0 0 loan is to be

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