Question: 10.00 points Problem 5-43 EAR versus APR [LO 4] You have just purchased a new warehouse. To finance the purchase, you've arranged for a 38-year

10.00 points Problem 5-43 EAR versus APR [LO 4] You have just purchased a new warehouse. To finance the purchase, you've arranged for a 38-year mortgage loan for 70 percent of the $3,380,000 purchase price.The monthly payment on this loan will be $17.100. What is the APR on this loan? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) APR What is the EAR on this loan? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.32.16.) EAR References eBook & Resources The Worksheet Problem 5-43 EAR versus APR [LO 4] Type here to search 7

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