$3 thousand loan for 3 months - calculate:

Calculate payments: $3 thousand loan, 3 months term.

Loan Amount:			Payment Every Month:	Total Payments:	Total Interest:
$3000, 2%, 3 months			$1005	$3015	$15
$3000, 2.8%, 3 months			$1007	$3021	$21
$3000, 3.2%, 3 months			$1008	$3024	$24
$3000, 3.7%, 3 months			$1009	$3028	$28
$3000, 10%, 3 months			$1025	$3075	$75

$3 thousand loan for 2 months, 4 months, or 5 months:

Loan Amount:	Payment Every Month:	Total Payments:	Total Interest:
$3 thousand, 2.8%, 2 months	$1507	$3014	$14
$3 thousand, 3.2%, 4 months	$758	$3032	$32
$3 thousand, 3.2%, 5 months	$608	$3040	$40

Calculations applicable for many banks: Bank of America, Wells Fargo, Citigroup, Morgan Stanley, etc.