13. Problem 5.08 (Loan Amortization and EAR) eBook Problem Walk-Through You want to buy a car, and a local bank will lend you $30,000. The loan will be fully amortized over 5 years (60 months), and the nominal interest rate will be payment? What will be the loan's EAR? Do not round intermediate calculations. Round your answer for the monthly loan payment to the nearest cent and for EAR Monthly loan payment: $ EAR: % Problem Walk Through ank will lend you $30,000. The loan will be fully amortized over 5 years (60 months), and the nominal interest rate will be with interest pard monthly. What will be the monthly loan AR? Do not round intermediate calculations. Round your answer for the monthly loan payment to the nearest cent and for EAR to two decimal places