Question: 3. Problem 5.0 (Loan Amortization and EAR) ekook Problem Walk-Through You want to buy a car, and a local bank will lend you $15,000. The

3. Problem 5.0 (Loan Amortization and EAR) ekook Problem Walk-Through You want to buy a car, and a local bank will lend you $15,000. The loan will be fully amortized over 5 years (60 months), and the nominal interest rate will be 4% with interest and more What will be the monthly loan payment? What will be the loan's EAR? Do not round intermediate calculations. Round your answer for the monthly payment to the west contador EAR to we decimal places Monthly loan payment: $

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