Question: 3. Problem 5.08 (Loan Amortixation and E.AR) payment? What will be the losn's EAR? Do not round intermediate calculatisns. Aound your antwer for the monthiy

 3. Problem 5.08 (Loan Amortixation and E.AR) payment? What will be

3. Problem 5.08 (Loan Amortixation and E.AR) payment? What will be the losn's EAR? Do not round intermediate calculatisns. Aound your antwer for the monthiy boan poyment to the cearest cent and for EAR to two decimal pleces. Manthey ioan parmenti: 1

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